Innovator U.S. Equity Accelerated 9 Buffer ETF – January (BATS:XBJA) Stock Short Interest Falls 59.9%

Innovator U.S. Equity Accelerated 9 Buffer ETF – January (BATS:XBJA) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 5,182 shares, a drop of 59.9% from the August 31st total of 12,935 shares. Based on an average daily volume of 5,972 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are sold short.

Innovator U.S. Equity Accelerated 9 Buffer ETF – January Stock Performance

BATS:XBJA opened at $34.69 on Tuesday. The company has a market capitalization of $114.48 million, a price-to-earnings ratio of 24.83 and a beta of 0.62. Innovator U.S. Equity Accelerated 9 Buffer ETF – January has a one year low of $30.52 and a one year high of $34.76. The stock has a 50-day simple moving average of $34.39 and a 200 day simple moving average of $33.48.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. CoreCap Advisors LLC lifted its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – January by 2.6% in the 2nd quarter. CoreCap Advisors LLC now owns 15,538 shares of the company’s stock worth $525,000 after buying an additional 395 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – January by 14.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,747 shares of the company’s stock valued at $363,000 after buying an additional 1,335 shares during the last quarter. Welch Financial Planning LLC grew its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – January by 8.8% during the 1st quarter. Welch Financial Planning LLC now owns 16,687 shares of the company’s stock valued at $522,000 after buying an additional 1,352 shares during the last quarter. Brookstone Capital Management raised its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – January by 16.8% during the first quarter. Brookstone Capital Management now owns 15,392 shares of the company’s stock worth $481,000 after acquiring an additional 2,209 shares during the period. Finally, Centaurus Financial Inc. raised its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – January by 14.1% during the first quarter. Centaurus Financial Inc. now owns 21,016 shares of the company’s stock worth $657,000 after acquiring an additional 2,600 shares during the period.

About Innovator U.S. Equity Accelerated 9 Buffer ETF – January

The Innovator U.S. Equity Accelerated 9 Buffer ETF – January (XBJA) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap and downside buffer over a specific holdings period. XBJA was launched on Jan 1, 2022 and is managed by Innovator.