Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Short Interest Up 595.0% in August

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 83,961 shares, a growth of 595.0% from the July 30th total of 12,081 shares. Approximately 2.1% of the shares of the company are sold short. Based on an average trading volume of 51,008 shares, the short-interest ratio is presently 1.6 days.

Innovator U.S. Equity Ultra Buffer ETF – August Stock Up 0.3%

Shares of BATS UAUG opened at $43.04 on Friday. The firm’s 50-day moving average price is $42.46 and its 200-day moving average price is $41.31. Innovator U.S. Equity Ultra Buffer ETF – August has a 52-week low of $38.44 and a 52-week high of $43.24. The company has a market cap of $172.16 million, a PE ratio of 24.31 and a beta of 0.43.

Institutional Investors Weigh In On Innovator U.S. Equity Ultra Buffer ETF – August

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Talon Private Wealth LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – August during the 1st quarter valued at $49,000. Aptus Capital Advisors LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the 3rd quarter valued at $71,000. JPMorgan Chase & Co. purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – August in the 3rd quarter worth $77,000. Royal Bank of Canada boosted its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 109.3% in the 4th quarter. Royal Bank of Canada now owns 2,275 shares of the company’s stock worth $91,000 after buying an additional 1,188 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 14.9% in the fourth quarter. Arkadios Wealth Advisors now owns 12,178 shares of the company’s stock worth $486,000 after acquiring an additional 1,580 shares during the period.

About Innovator U.S. Equity Ultra Buffer ETF – August

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.