Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) Short Interest Update

Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 18,455 shares, an increase of 372.4% from the April 15th total of 3,907 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 12,582 shares, the days-to-cover ratio is currently 1.5 days.

Innovator U.S. Equity Ultra Buffer ETF – December Stock Up 0.2%

Shares of UDEC opened at $41.32 on Thursday. The business has a 50-day simple moving average of $39.86 and a two-hundred day simple moving average of $39.63. The stock has a market cap of $466.09 million, a price-to-earnings ratio of 24.92 and a beta of 0.37. Innovator U.S. Equity Ultra Buffer ETF – December has a 52 week low of $34.84 and a 52 week high of $41.34.

Institutional Trading of Innovator U.S. Equity Ultra Buffer ETF – December

A number of hedge funds and other institutional investors have recently bought and sold shares of UDEC. Brookstone Capital Management increased its position in Innovator U.S. Equity Ultra Buffer ETF – December by 136.0% in the fourth quarter. Brookstone Capital Management now owns 1,875,251 shares of the company’s stock worth $74,335,000 after buying an additional 1,080,589 shares in the last quarter. Legacy Capital Wealth Management LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December during the fourth quarter worth about $8,548,000. Sovran Advisors LLC grew its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 1,152.0% during the first quarter. Sovran Advisors LLC now owns 139,430 shares of the company’s stock worth $5,692,000 after purchasing an additional 128,293 shares in the last quarter. Integrity Advisory Solutions LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December during the third quarter worth about $3,771,000. Finally, Raymond James Financial Inc. grew its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 19.7% during the second quarter. Raymond James Financial Inc. now owns 460,973 shares of the company’s stock worth $16,798,000 after purchasing an additional 75,930 shares in the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – December Company Profile

The Innovator S&P 500 Ultra Buffer ETF – December (UDEC) 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. UDEC was launched on Dec 2, 2019 and is managed by Innovator.