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

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 50,556 shares, an increase of 1,253.6% from the August 15th total of 3,735 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 290,405 shares, the days-to-cover ratio is presently 0.2 days.

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

A number of large investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock worth $46,788,000 after purchasing an additional 1,069,542 shares during the period. Citadel Advisors LLC grew its position in Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the 3rd quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock worth $30,026,000 after purchasing an additional 690,308 shares in the last quarter. Susquehanna International Group LLP raised its stake in Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% during the 3rd quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock valued at $26,543,000 after purchasing an additional 596,924 shares during the period. Lido Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter valued at $24,178,000. Finally, Focus Partners Wealth lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 431.0% in the fourth quarter. Focus Partners Wealth now owns 401,664 shares of the company’s stock valued at $17,560,000 after purchasing an additional 326,021 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – September Trading Down 0.4%

Shares of Innovator U.S. Equity Power Buffer ETF – September stock traded down $0.17 on Thursday, reaching $46.59. 474,047 shares of the company were exchanged, compared to its average volume of 78,608. The stock has a fifty day moving average price of $46.53 and a 200-day moving average price of $45.37. The firm has a market capitalization of $831.63 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – September has a fifty-two week low of $42.31 and a fifty-two week high of $47.12.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.