Innovator U.S. Equity Buffer ETF – April (BATS:BAPR) Sees Significant Decrease in Short Interest

Innovator U.S. Equity Buffer ETF – April (BATS:BAPR) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 2,019 shares, a drop of 60.9% from the October 15th total of 5,158 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 6,466 shares, the days-to-cover ratio is currently 0.3 days.

Innovator U.S. Equity Buffer ETF – April Stock Down 0.1%

BATS BAPR traded down $0.08 on Friday, reaching $54.72. The stock had a trading volume of 2,443 shares, compared to its average volume of 12,279. The stock has a fifty day moving average price of $54.69 and a two-hundred day moving average price of $52.37. Innovator U.S. Equity Buffer ETF – April has a 12-month low of $46.60 and a 12-month high of $55.14. The firm has a market capitalization of $414.78 million, a price-to-earnings ratio of 24.26 and a beta of 0.65.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BAPR. HighTower Advisors LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – April in the third quarter worth $56,449,000. Commonwealth Equity Services LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – April during the 3rd quarter worth about $46,703,000. Allworth Financial LP acquired a new position in shares of Innovator U.S. Equity Buffer ETF – April during the third quarter worth about $46,140,000. Kestra Advisory Services LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – April in the third quarter valued at approximately $38,856,000. Finally, Composition Wealth LLC purchased a new position in Innovator U.S. Equity Buffer ETF – April in the third quarter worth approximately $23,356,000.

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

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