Short Interest in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Drops By 51.8%

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 106,411 shares, a decrease of 51.8% from the April 15th total of 220,798 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 97,329 shares, the short-interest ratio is presently 1.1 days.

Innovator U.S. Equity Power Buffer ETF – April Stock Performance

BATS PAPR opened at $41.94 on Friday. The firm’s fifty day moving average price is $40.51 and its two-hundred day moving average price is $39.56. The stock has a market cap of $949.94 million, a PE ratio of 24.09 and a beta of 0.43. Innovator U.S. Equity Power Buffer ETF – April has a fifty-two week low of $36.06 and a fifty-two week high of $41.95.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in Innovator U.S. Equity Power Buffer ETF – April by 36.1% in the third quarter. JPMorgan Chase & Co. now owns 980 shares of the company’s stock valued at $38,000 after purchasing an additional 260 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at approximately $45,000. Jessup Wealth Management Inc acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at approximately $57,000. Ameriflex Group Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – April by 1,000.7% in the 3rd quarter. Ameriflex Group Inc. now owns 1,574 shares of the company’s stock valued at $60,000 after buying an additional 1,431 shares during the last quarter. Finally, Optima Capital LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – April in the 4th quarter valued at approximately $85,000.

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

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) 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. PAPR was launched on Apr 1, 2019 and is managed by Innovator.