Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) Sees Large Growth in Short Interest

Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 165,770 shares, an increase of 180.0% from the August 15th total of 59,212 shares. Based on an average trading volume of 61,546 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.0% of the shares of the company are sold short.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Stock Down 0.3%

Shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly stock opened at $34.42 on Tuesday. The stock has a market capitalization of $544.87 million, a price-to-earnings ratio of 24.29 and a beta of 0.29. Innovator U.S. Equity 10 Buffer ETF – Quarterly has a twelve month low of $31.59 and a twelve month high of $34.63. The company has a 50-day simple moving average of $34.27 and a two-hundred day simple moving average of $33.63.

Institutional Investors Weigh In On Innovator U.S. Equity 10 Buffer ETF – Quarterly

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bullseye Investment Management LLC bought a new position in Innovator U.S. Equity 10 Buffer ETF – Quarterly in the 2nd quarter valued at about $8,390,000. Capital Analysts LLC bought a new stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly during the 2nd quarter worth approximately $191,000. NewEdge Advisors LLC lifted its holdings in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 15.6% during the 2nd quarter. NewEdge Advisors LLC now owns 636,780 shares of the company’s stock worth $21,568,000 after acquiring an additional 86,162 shares during the period. Schulz Wealth LTD. bought a new stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly during the 2nd quarter worth approximately $1,488,000. Finally, Ameritas Advisory Services LLC boosted its position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 21.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 26,048 shares of the company’s stock worth $882,000 after acquiring an additional 4,654 shares in the last quarter.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Company Profile

The Innovator U.S. Equity 10 Buffer ETF – Quarterly (ZALT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 10% decline. The fund resets its buffer and cap levels every three months ZALT was launched on Sep 30, 2023 and is issued by Innovator.