Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Shares Shorted: Short Interest Up 114.0% in October

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 37,481 shares, a growth of 114.0% from the October 15th total of 17,511 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 22,590 shares, the days-to-cover ratio is presently 1.7 days.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – April

Several hedge funds have recently made changes to their positions in PAPR. Dynamic Advisor Solutions LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – April during the 2nd quarter valued at about $322,000. CoreCap Advisors LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 6.5% in the second quarter. CoreCap Advisors LLC now owns 114,078 shares of the company’s stock valued at $4,814,000 after purchasing an additional 7,010 shares during the period. Cornerstone Wealth LLC TN acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – April in the first quarter valued at about $1,145,000. Cassady Wealth & Retirement Planning LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 94.5% in the first quarter. Cassady Wealth & Retirement Planning LLC now owns 210,051 shares of the company’s stock worth $8,734,000 after purchasing an additional 102,081 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 29.7% in the first quarter. Arkadios Wealth Advisors now owns 20,352 shares of the company’s stock worth $810,000 after purchasing an additional 4,660 shares during the last quarter.

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

Shares of BATS PAPR traded down $0.03 during midday trading on Friday, reaching $43.32. The company had a trading volume of 21,969 shares, compared to its average volume of 59,650. Innovator U.S. Equity Power Buffer ETF – April has a 1 year low of $38.23 and a 1 year high of $43.52. The business’s 50-day simple moving average is $43.22 and its 200 day simple moving average is $41.78. The stock has a market cap of $959.54 million, a P/E ratio of 24.09 and a beta of 0.46.

About Innovator U.S. Equity Power Buffer ETF – April

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