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) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 39,659 shares, an increase of 25,000.6% from the September 15th total of 158 shares. Based on an average trading volume of 166,497 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Innovator U.S. Equity Power Buffer ETF – November Stock Up 0.3%

Shares of Innovator U.S. Equity Power Buffer ETF – November stock traded up $0.15 during trading hours on Friday, reaching $46.18. 12,520 shares of the stock traded hands, compared to its average volume of 57,049. The company has a 50 day moving average price of $45.45 and a 200 day moving average price of $44.17. The firm has a market capitalization of $779.52 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 one year low of $40.09 and a one year high of $46.20.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – November

Several large investors have recently added to or reduced their stakes in PNOV. First Heartland Consultants Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – November during the third quarter valued at $277,000. Weaver Consulting Group increased its position in Innovator U.S. Equity Power Buffer ETF – November by 4.5% in the third quarter. Weaver Consulting Group now owns 7,221 shares of the company’s stock worth $329,000 after buying an additional 309 shares in the last quarter. Lotus Asset Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – November in the second quarter worth about $201,000. Citadel Advisors LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 93.3% in the second quarter. Citadel Advisors LLC now owns 31,624 shares of the company’s stock worth $1,403,000 after buying an additional 15,263 shares during the period. Finally, HB Wealth Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – November in the second quarter worth about $269,000.

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.