Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Sees Large Decrease in Short Interest

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,101 shares, a decrease of 85.2% from the June 15th total of 7,421 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 28,436 shares, the days-to-cover ratio is currently 0.0 days.

Innovator U.S. Equity Power Buffer ETF – September Stock Up 0.1%

Innovator U.S. Equity Power Buffer ETF – September stock traded up $0.06 during midday trading on Friday, hitting $46.28. 33,017 shares of the stock were exchanged, compared to its average volume of 40,517. The company has a fifty day simple moving average of $45.76 and a two-hundred day simple moving average of $44.55. Innovator U.S. Equity Power Buffer ETF – September has a 52 week low of $41.08 and a 52 week high of $46.34. The stock has a market capitalization of $826.10 million, a PE ratio of 25.05 and a beta of 0.48.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – September

Hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock worth $46,788,000 after purchasing an additional 1,069,542 shares in the last quarter. Citadel Advisors LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% in the 3rd quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock valued at $30,026,000 after buying an additional 690,308 shares in the last quarter. Susquehanna International Group LLP raised its stake in Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% during the 3rd quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock worth $26,543,000 after buying an additional 596,924 shares during the period. Lido Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter worth $24,178,000. Finally, Focus Partners Wealth lifted its holdings in Innovator U.S. Equity Power Buffer ETF – September by 431.0% during the fourth quarter. Focus Partners Wealth now owns 401,664 shares of the company’s stock worth $17,560,000 after acquiring an additional 326,021 shares in the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.