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

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 23,984 shares, an increase of 1,177.8% from the May 31st total of 1,877 shares. Based on an average daily volume of 42,110 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cypress Financial Planning LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – November by 6.1% during the fourth quarter. Cypress Financial Planning LLC now owns 9,878 shares of the company’s stock worth $415,000 after buying an additional 568 shares during the period. MML Investors Services LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 0.9% in the 2nd quarter. MML Investors Services LLC now owns 69,455 shares of the company’s stock valued at $2,745,000 after acquiring an additional 593 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 26.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,900 shares of the company’s stock valued at $121,000 after acquiring an additional 600 shares during the period. Retirement Planning Group LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 6.8% in the 4th quarter. Retirement Planning Group LLC now owns 10,164 shares of the company’s stock valued at $425,000 after acquiring an additional 648 shares during the period. Finally, Sigma Planning Corp raised its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 10.8% in the 4th quarter. Sigma Planning Corp now owns 7,620 shares of the company’s stock worth $318,000 after acquiring an additional 740 shares in the last quarter.

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

Shares of BATS:PNOV traded up $0.01 on Thursday, hitting $43.98. 23,237 shares of the company’s stock were exchanged, compared to its average volume of 60,007. The stock has a market capitalization of $742.38 million, a price-to-earnings ratio of 24.05 and a beta of 0.45. Innovator U.S. Equity Power Buffer ETF – November has a 12 month low of $39.26 and a 12 month high of $46.13. The business’s 50 day simple moving average is $43.75 and its two-hundred day simple moving average is $42.45.

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.