Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Shares Shorted: Short Interest Down 54.6% in October

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 52,303 shares, a drop of 54.6% from the October 15th total of 115,203 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 66,129 shares, the days-to-cover ratio is presently 0.8 days.

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

A number of large investors have recently modified their holdings of PSEP. Clear Point Advisors Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the 3rd quarter valued at $1,017,000. Chicago Partners Investment Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the 3rd quarter worth $1,356,000. Integrity Alliance LLC. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the 3rd quarter worth $700,000. Integrity Advisory Solutions LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the 3rd quarter worth $824,000. Finally, Reston Wealth Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the 3rd quarter worth $323,000.

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

PSEP traded down $0.08 during trading on Friday, hitting $46.66. 26,838 shares of the stock traded hands, compared to its average volume of 87,850. Innovator U.S. Equity Power Buffer ETF – September has a twelve month low of $42.31 and a twelve month high of $47.48. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 23.06 and a beta of 0.49. The business has a 50 day moving average price of $46.92 and a 200 day moving average price of $45.61.

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.