Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Short Interest Up 116.4% in May

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 57,742 shares, an increase of 116.4% from the May 14th total of 26,679 shares. Based on an average trading volume of 52,796 shares, the short-interest ratio is currently 1.1 days. Currently, 1.9% of the shares of the stock are short sold.

Institutional Trading of Innovator Index Autocallable Income Strategy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Brookstone Capital Management bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the first quarter worth about $15,806,000. Talon Private Wealth LLC bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the first quarter worth about $15,724,000. Cornerstone Wealth LLC TN bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the first quarter worth about $2,783,000. Founders Financial Securities LLC grew its holdings in shares of Innovator Index Autocallable Income Strategy ETF by 127.5% during the first quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock worth $2,464,000 after purchasing an additional 54,184 shares during the last quarter. Finally, Evolution Wealth Management Inc. grew its holdings in shares of Innovator Index Autocallable Income Strategy ETF by 23.5% during the first quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock worth $487,000 after purchasing an additional 3,695 shares during the last quarter. 68.45% of the stock is currently owned by institutional investors.

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Innovator Index Autocallable Income Strategy ETF Trading Up 0.1%

Innovator Index Autocallable Income Strategy ETF stock opened at $25.73 on Friday. The company has a 50-day simple moving average of $25.70. Innovator Index Autocallable Income Strategy ETF has a 12-month low of $24.69 and a 12-month high of $26.87.

Innovator Index Autocallable Income Strategy ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 29th were issued a dividend of $0.1884 per share. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date was Friday, May 29th.

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