Innovator Equity Defined Protection ETF – 1 Yr August (BATS:ZAUG) Sees Significant Drop in Short Interest

Innovator Equity Defined Protection ETF – 1 Yr August (BATS:ZAUG) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 30,115 shares, a drop of 58.7% from the August 31st total of 72,968 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily volume of 77,327 shares, the short-interest ratio is presently 0.4 days.

Innovator Equity Defined Protection ETF – 1 Yr August Stock Performance

ZAUG stock opened at $27.87 on Tuesday. Innovator Equity Defined Protection ETF – 1 Yr August has a 1-year low of $25.81 and a 1-year high of $28.01. The business has a fifty day moving average price of $27.83 and a 200-day moving average price of $27.44.

Institutional Investors Weigh In On Innovator Equity Defined Protection ETF – 1 Yr August

Several large investors have recently bought and sold shares of ZAUG. Canandaigua National Bank & Trust Co. bought a new position in Innovator Equity Defined Protection ETF – 1 Yr August during the 2nd quarter valued at about $3,916,000. Aegis Wealth Management Inc. purchased a new stake in shares of Innovator Equity Defined Protection ETF – 1 Yr August during the 1st quarter valued at about $392,000. COFG Advisors LLC bought a new stake in shares of Innovator Equity Defined Protection ETF – 1 Yr August in the fourth quarter worth approximately $359,000. Finally, FSA Advisors Inc. grew its stake in shares of Innovator Equity Defined Protection ETF – 1 Yr August by 25.2% in the first quarter. FSA Advisors Inc. now owns 13,277 shares of the company’s stock worth $354,000 after acquiring an additional 2,669 shares during the period.

About Innovator Equity Defined Protection ETF – 1 Yr August

The Innovator 1 Yr August (ZAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one year outcome period. The actively managed fund holds FLEX options to obtain exposure ZAUG was launched on Aug 1, 2024 and is issued by Innovator.