Innovator Premium Income 15 Buffer ETF – April (BATS:LAPR) Sees Large Drop in Short Interest

Innovator Premium Income 15 Buffer ETF – April (BATS:LAPR) saw a significant decline in short interest in October. As of October 30th, there was short interest totaling 2,979 shares, a decline of 57.4% from the October 15th total of 6,998 shares. Based on an average daily volume of 1,129 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.7% of the shares of the stock are sold short.

Innovator Premium Income 15 Buffer ETF – April Stock Performance

Shares of LAPR stock remained flat at $25.11 during trading on Friday. 23 shares of the company traded hands, compared to its average volume of 2,383. The business’s 50 day simple moving average is $25.18 and its 200-day simple moving average is $25.24. Innovator Premium Income 15 Buffer ETF – April has a one year low of $24.97 and a one year high of $25.50.

Innovator Premium Income 15 Buffer ETF – April Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, November 2nd. Shareholders of record on Friday, October 30th were given a dividend of $0.1412 per share. The ex-dividend date was Friday, October 30th. This represents a $1.69 annualized dividend and a yield of 6.7%.

Hedge Funds Weigh In On Innovator Premium Income 15 Buffer ETF – April

A number of hedge funds and other institutional investors have recently bought and sold shares of LAPR. Arista Wealth Management LLC purchased a new position in Innovator Premium Income 15 Buffer ETF – April in the 2nd quarter worth approximately $569,000. Harbour Investments Inc. bought a new position in shares of Innovator Premium Income 15 Buffer ETF – April in the 3rd quarter worth $30,000. Commonwealth Equity Services LLC purchased a new stake in shares of Innovator Premium Income 15 Buffer ETF – April during the 3rd quarter valued at $398,000. Finally, KFG Wealth Management LLC raised its position in shares of Innovator Premium Income 15 Buffer ETF – April by 6.5% during the 2nd quarter. KFG Wealth Management LLC now owns 12,897 shares of the company’s stock valued at $326,000 after buying an additional 783 shares in the last quarter.

Innovator Premium Income 15 Buffer ETF – April Company Profile

The Innovator Premium Income 15 Buffer ETF — April (LAPR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide a consistent income stream and a limited protective buffer against the first 15% of SPDR S&P 500 ETF Trust (SPY) losses. The exposure resets each year in April LAPR was launched on Apr 1, 2024 and is issued by Innovator.