Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 11,529 shares, a growth of 947.1% from the June 30th total of 1,101 shares. Based on an average daily volume of 18,406 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

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

Several hedge funds and other institutional investors have recently modified their holdings of PSEP. Northwestern Mutual Wealth Management Co. bought a new position in Innovator U.S. Equity Power Buffer ETF – September in the 3rd quarter valued at about $29,000. Key Capital Management INC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth approximately $46,000. Barclays PLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at approximately $64,000. Elevated Capital Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at approximately $83,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth approximately $116,000.

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

PSEP stock traded up $0.03 during midday trading on Friday, reaching $46.18. 21,539 shares of the company were exchanged, compared to its average volume of 38,470. Innovator U.S. Equity Power Buffer ETF – September has a one year low of $41.13 and a one year high of $46.37. The firm has a market capitalization of $824.31 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The business has a 50-day moving average price of $45.91 and a two-hundred day moving average price of $44.71.

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

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.