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

Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 21,529 shares, a decrease of 43.9% from the April 30th total of 38,380 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 83,144 shares, the days-to-cover ratio is currently 0.3 days.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Price Performance

ZALT stock remained flat at $33.76 during trading on Wednesday. 20,489 shares of the company traded hands, compared to its average volume of 238,453. The stock has a market cap of $534.42 million, a price-to-earnings ratio of 24.29 and a beta of 0.29. The firm has a 50-day moving average of $33.22 and a 200 day moving average of $32.82. Innovator U.S. Equity 10 Buffer ETF – Quarterly has a 52 week low of $30.55 and a 52 week high of $33.78.

Hedge Funds Weigh In On Innovator U.S. Equity 10 Buffer ETF – Quarterly

Several institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC increased its holdings in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 1.6% in the 1st quarter. NewEdge Advisors LLC now owns 550,618 shares of the company’s stock valued at $17,873,000 after acquiring an additional 8,758 shares during the period. Centaurus Financial Inc. boosted its stake in Innovator U.S. Equity 10 Buffer ETF – Quarterly by 1.9% in the 1st quarter. Centaurus Financial Inc. now owns 342,799 shares of the company’s stock worth $11,127,000 after purchasing an additional 6,419 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 0.8% during the first quarter. Cetera Investment Advisers now owns 302,531 shares of the company’s stock valued at $9,820,000 after buying an additional 2,273 shares during the last quarter. NewEdge Wealth LLC acquired a new position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly in the first quarter valued at about $710,000. Finally, Legacy Wealth Managment LLC ID purchased a new position in Innovator U.S. Equity 10 Buffer ETF – Quarterly during the 1st quarter worth approximately $94,000.

About Innovator U.S. Equity 10 Buffer ETF – Quarterly

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.