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

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 11,825 shares, a growth of 1,867.6% from the July 15th total of 601 shares. Based on an average trading volume of 118,285 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

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

Several hedge funds and other institutional investors have recently made changes to their positions in PAUG. Blue Water Asset Management purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the fourth quarter worth approximately $480,000. Kestra Advisory Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 36.7% in the 1st quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock valued at $17,434,000 after purchasing an additional 109,537 shares during the last quarter. Rothschild Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the 4th quarter valued at approximately $7,854,000. BCS Wealth Management raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 87.9% in the 4th quarter. BCS Wealth Management now owns 114,480 shares of the company’s stock valued at $4,951,000 after purchasing an additional 53,544 shares in the last quarter. Finally, GTS Financial LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the 1st quarter valued at $1,516,000.

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

BATS:PAUG traded down $0.04 during midday trading on Tuesday, reaching $46.64. The company had a trading volume of 232,693 shares, compared to its average volume of 60,182. Innovator U.S. Equity Power Buffer ETF – August has a 12-month low of $41.34 and a 12-month high of $46.74. The firm has a market capitalization of $904.82 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. The stock’s fifty day simple moving average is $45.73 and its 200-day simple moving average is $44.52.

Innovator U.S. Equity Power Buffer ETF – August Company Profile

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.