Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sees Large Increase in Short Interest

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 72,808 shares, a growth of 484.0% from the October 15th total of 12,467 shares. Based on an average daily trading volume, of 136,794 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November during the 3rd quarter valued at approximately $11,953,000. Thoroughbred Financial Services LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November in the third quarter valued at approximately $223,000. Harbour Investments Inc. acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November in the third quarter valued at approximately $237,000. Lido Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November during the third quarter worth $9,406,000. Finally, Ashton Thomas Private Wealth LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 29.5% during the third quarter. Ashton Thomas Private Wealth LLC now owns 5,269 shares of the company’s stock worth $240,000 after buying an additional 1,200 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – November Stock Down 0.2%

Shares of PNOV stock opened at $45.50 on Wednesday. Innovator U.S. Equity Power Buffer ETF – November has a twelve month low of $40.09 and a twelve month high of $46.39. The company has a market cap of $816.73 million, a P/E ratio of 24.05 and a beta of 0.52. The business has a fifty day simple moving average of $45.72 and a 200 day simple moving average of $43.91.

About Innovator U.S. Equity Power Buffer ETF – November

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.