Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Sees Significant Growth in Short Interest

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 99,145 shares, a growth of 802.5% from the June 30th total of 10,985 shares. Based on an average daily volume of 14,077 shares, the short-interest ratio is presently 7.0 days. Approximately 2.1% of the shares of the stock are sold short.

Innovator U.S. Equity Buffer ETF – February Price Performance

BFEB stock opened at $52.47 on Friday. The company’s 50 day simple moving average is $52.48 and its 200-day simple moving average is $50.54. The firm has a market capitalization of $245.56 million, a PE ratio of 24.25 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – February has a 12 month low of $44.81 and a 12 month high of $53.07.

Institutional Investors Weigh In On Innovator U.S. Equity Buffer ETF – February

A number of institutional investors and hedge funds have recently bought and sold shares of BFEB. GTS Financial LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – February during the 1st quarter valued at $3,576,000. Cornerstone Wealth LLC TN acquired a new position in shares of Innovator U.S. Equity Buffer ETF – February in the first quarter worth $300,000. Arkadios Wealth Advisors acquired a new position in shares of Innovator U.S. Equity Buffer ETF – February in the first quarter worth $1,119,000. Sunbelt Securities Inc. purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – February in the first quarter valued at $726,000. Finally, IMG Wealth Management Inc. purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – February in the first quarter valued at $288,000.

About Innovator U.S. Equity Buffer ETF – February

The Innovator S&P 500 Buffer ETF – February (BFEB) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. BFEB was launched on Feb 3, 2020 and is managed by Innovator.