Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Short Interest Update

Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 915 shares, a decrease of 34.3% from the June 15th total of 1,392 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 4,270 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BSTP. Allworth Financial LP boosted its holdings in Innovator Buffer Step-Up Strategy ETF by 70.6% during the third quarter. Allworth Financial LP now owns 2,054 shares of the company’s stock worth $75,000 after purchasing an additional 850 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Innovator Buffer Step-Up Strategy ETF in the 4th quarter valued at about $172,000. Captrust Financial Advisors purchased a new stake in Innovator Buffer Step-Up Strategy ETF in the 2nd quarter valued at about $206,000. FSA Advisors Inc. lifted its position in shares of Innovator Buffer Step-Up Strategy ETF by 160.5% during the 4th quarter. FSA Advisors Inc. now owns 16,852 shares of the company’s stock worth $626,000 after buying an additional 10,383 shares in the last quarter. Finally, Principal Securities Inc. lifted its position in shares of Innovator Buffer Step-Up Strategy ETF by 6.3% during the 4th quarter. Principal Securities Inc. now owns 18,893 shares of the company’s stock worth $701,000 after buying an additional 1,127 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Trading Down 0.3%

Shares of NYSEARCA:BSTP opened at $39.49 on Friday. The stock has a market cap of $60.02 million, a PE ratio of 23.53 and a beta of 0.69. The stock’s fifty day simple moving average is $39.15 and its two-hundred day simple moving average is $37.91. Innovator Buffer Step-Up Strategy ETF has a 1-year low of $34.59 and a 1-year high of $39.65.

Innovator Buffer Step-Up Strategy ETF Company Profile

The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options. BSTP was launched on Mar 8, 2022 and is managed by Innovator.