Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sees Significant Drop in Short Interest

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,926 shares, a decline of 92.4% from the April 30th total of 25,477 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 21,235 shares, the short-interest ratio is presently 0.1 days.

Innovator U.S. Equity Power Buffer ETF – August Price Performance

Shares of Innovator U.S. Equity Power Buffer ETF – August stock opened at $45.35 on Friday. The stock has a market cap of $879.79 million, a P/E ratio of 24.79 and a beta of 0.48. The stock’s 50 day simple moving average is $44.11 and its 200-day simple moving average is $43.55. Innovator U.S. Equity Power Buffer ETF – August has a 1-year low of $38.89 and a 1-year high of $45.36.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 15.4% during the second quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock worth $75,000 after acquiring an additional 248 shares during the period. Raymond James Financial Inc. increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 11.0% during the second quarter. Raymond James Financial Inc. now owns 319,897 shares of the company’s stock worth $12,943,000 after acquiring an additional 31,751 shares during the period. MML Investors Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 6.0% during the second quarter. MML Investors Services LLC now owns 67,651 shares of the company’s stock worth $2,737,000 after acquiring an additional 3,831 shares during the period. Belpointe Asset Management LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the third quarter worth $219,000. Finally, Straight Path Wealth Management increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 50.7% during the third quarter. Straight Path Wealth Management now owns 15,183 shares of the company’s stock worth $645,000 after acquiring an additional 5,105 shares during the period.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.