Innovator U.S. Equity Buffer ETF – March (BATS:BMAR) Short Interest Down 88.6% in August

Innovator U.S. Equity Buffer ETF – March (BATS:BMAR) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 10,361 shares, a drop of 88.6% from the July 30th total of 91,163 shares. Based on an average daily trading volume, of 4,388 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.2% of the company’s shares are sold short.

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

BMAR stock traded up $0.07 during mid-day trading on Tuesday, reaching $58.81. The company had a trading volume of 462 shares, compared to its average volume of 22,532. The firm has a 50 day moving average of $57.96 and a 200 day moving average of $56.00. Innovator U.S. Equity Buffer ETF – March has a 12 month low of $50.11 and a 12 month high of $59.12. The company has a market capitalization of $260.53 million, a PE ratio of 24.24 and a beta of 0.59.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. CIBC Private Wealth Group LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – March during the 3rd quarter valued at $36,000. Merit Financial Group LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – March during the fourth quarter worth about $206,000. Gaddis Premier Wealth Advisors LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – March in the fourth quarter valued at approximately $269,000. COFG Advisors LLC acquired a new position in Innovator U.S. Equity Buffer ETF – March in the 4th quarter worth approximately $370,000. Finally, TopTier Wealth Management LLC purchased a new position in Innovator U.S. Equity Buffer ETF – March during the 4th quarter worth approximately $418,000.

About Innovator U.S. Equity Buffer ETF – March

The Innovator S&P 500 Buffer ETF – March (BMAR) 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. BMAR was launched on Mar 2, 2020 and is managed by Innovator.