Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Stock Short Interest Declines 49.2%

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,467 shares, a drop of 49.2% from the August 31st total of 2,885 shares. Based on an average daily volume of 1,680 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are sold short.

Innovator Equity Premium Income – Daily PutWrite ETF Price Performance

Shares of NYSEARCA SPUT opened at $28.69 on Tuesday. Innovator Equity Premium Income – Daily PutWrite ETF has a 1-year low of $26.08 and a 1-year high of $29.93. The business has a 50-day moving average of $28.55 and a 200-day moving average of $28.06. The company has a market capitalization of $17.21 million, a price-to-earnings ratio of 25.67 and a beta of 0.55.

Innovator Equity Premium Income – Daily PutWrite ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were given a dividend of $0.0792 per share. The ex-dividend date of this dividend was Friday, July 31st. This is a decrease from Innovator Equity Premium Income – Daily PutWrite ETF’s previous monthly dividend of $0.1104. This represents a $0.95 dividend on an annualized basis and a dividend yield of 3.3%.

Institutional Investors Weigh In On Innovator Equity Premium Income – Daily PutWrite ETF

An institutional investor recently bought a new position in Innovator Equity Premium Income – Daily PutWrite ETF stock. Kingsview Wealth Management LLC acquired a new stake in Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,155 shares of the company’s stock, valued at approximately $250,000. Kingsview Wealth Management LLC owned about 1.83% of Innovator Equity Premium Income – Daily PutWrite ETF 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.