Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sees Large Growth in Short Interest

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 33,997 shares, an increase of 561.9% from the May 31st total of 5,136 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 28,202 shares, the days-to-cover ratio is currently 1.2 days.

Innovator U.S. Equity Power Buffer ETF – August Price Performance

BATS:PAUG opened at $45.37 on Friday. Innovator U.S. Equity Power Buffer ETF – August has a 12-month low of $40.20 and a 12-month high of $45.59. The firm has a market capitalization of $880.18 million, a P/E ratio of 24.79 and a beta of 0.48. The business has a 50 day simple moving average of $45.07 and a 200 day simple moving average of $43.93.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – August

A number of hedge funds have recently added to or reduced their stakes in the stock. Key Capital Management INC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the fourth quarter worth about $47,000. Triumph Capital Management bought a new stake in Innovator U.S. Equity Power Buffer ETF – August in the 3rd quarter valued at about $67,000. JPMorgan Chase & Co. boosted its stake in Innovator U.S. Equity Power Buffer ETF – August by 15.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock valued at $75,000 after purchasing an additional 248 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in Innovator U.S. Equity Power Buffer ETF – August by 13.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,375 shares of the company’s stock valued at $101,000 after purchasing an additional 275 shares during the period. Finally, Barclays PLC bought a new position in Innovator U.S. Equity Power Buffer ETF – August in the 4th quarter worth about $201,000.

Innovator U.S. Equity Power Buffer ETF – August Company Profile

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.