Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) Short Interest Up 679.4% in August

Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 38,299 shares, an increase of 679.4% from the July 30th total of 4,914 shares. Based on an average daily volume of 35,892 shares, the short-interest ratio is presently 1.1 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Trading of Innovator U.S. Equity Buffer ETF – August

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. raised its stake in Innovator U.S. Equity Buffer ETF – August by 2.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 13,317 shares of the company’s stock worth $666,000 after purchasing an additional 302 shares during the period. Kestra Advisory Services LLC grew its stake in shares of Innovator U.S. Equity Buffer ETF – August by 0.9% in the 4th quarter. Kestra Advisory Services LLC now owns 76,234 shares of the company’s stock valued at $3,815,000 after buying an additional 657 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Innovator U.S. Equity Buffer ETF – August by 16.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,810 shares of the company’s stock valued at $241,000 after buying an additional 676 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of Innovator U.S. Equity Buffer ETF – August by 5.9% during the 4th quarter. Arkadios Wealth Advisors now owns 20,490 shares of the company’s stock worth $1,025,000 after buying an additional 1,143 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – August during the 4th quarter worth approximately $84,000.

Innovator U.S. Equity Buffer ETF – August Price Performance

Shares of BATS BAUG opened at $55.21 on Thursday. The stock has a market capitalization of $193.24 million, a price-to-earnings ratio of 24.96 and a beta of 0.68. The firm’s 50 day simple moving average is $54.27 and its 200-day simple moving average is $52.26. Innovator U.S. Equity Buffer ETF – August has a 12 month low of $47.42 and a 12 month high of $55.72.

About Innovator U.S. Equity Buffer ETF – August

The Innovator U.S. Equity Buffer ETF – August (BAUG) is an exchange-traded fund that is based on the S&P 500 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. BAUG was launched on Aug 1, 2019 and is managed by Innovator.