Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Short Interest Update

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,885 shares, a decline of 39.2% from the August 15th total of 4,746 shares. Based on an average trading volume of 879 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.5% of the shares of the stock are short sold.

Innovator Equity Premium Income – Daily PutWrite ETF Stock Performance

Shares of SPUT traded up $0.03 during mid-day trading on Wednesday, hitting $28.48. 47 shares of the stock were exchanged, compared to its average volume of 3,584. The company has a market cap of $28.45 million, a PE ratio of 25.67 and a beta of 0.55. Innovator Equity Premium Income – Daily PutWrite ETF has a 52-week low of $26.08 and a 52-week high of $29.93. The firm has a 50-day moving average of $28.47 and a two-hundred day moving average of $27.96.

Innovator Equity Premium Income – Daily PutWrite ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were paid a dividend of $0.0792 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 3.3%.

Hedge Funds Weigh In On Innovator Equity Premium Income – Daily PutWrite ETF

An institutional investor recently raised its position in Innovator Equity Premium Income – Daily PutWrite ETF stock. Waverly Advisors LLC lifted its holdings in Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) by 5.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,308 shares of the company’s stock after buying an additional 576 shares during the period. Waverly Advisors LLC owned about 1.72% of Innovator Equity Premium Income – Daily PutWrite ETF worth $291,000 at the end of the most recent reporting period.

About Innovator Equity Premium Income – Daily PutWrite ETF

The Innovator Daily PutWrite ETF (SPUT) is an exchange-traded fund that mostly invests in large cap equity. The fund actively pursues exposure to US large-cap equities, while providing monthly income through a daily options put-writing strategy. SPUT was launched on Mar 14, 2025 and is issued by Innovator.