Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Stock Short Interest Jumps 77.2%

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 97,248 shares, a growth of 77.2% from the August 31st total of 54,891 shares. Approximately 2.4% of the company’s stock are short sold. Based on an average daily volume of 15,761 shares, the short-interest ratio is currently 6.2 days.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Talon Private Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the first quarter valued at about $49,000. RFG Advisory LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – August in the second quarter worth about $203,000. Foundations Investment Advisors LLC lifted its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 32.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 28,200 shares of the company’s stock worth $1,126,000 after acquiring an additional 6,962 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 4.4% in the first quarter. Cetera Investment Advisers now owns 33,855 shares of the company’s stock valued at $1,332,000 after purchasing an additional 1,413 shares during the last quarter. Finally, NewCorp Financial Services Inc. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – August in the fourth quarter valued at about $2,297,000.

Innovator U.S. Equity Ultra Buffer ETF – August Trading Up 0.1%

BATS UAUG opened at $42.97 on Thursday. The stock has a market cap of $171.88 million, a P/E ratio of 24.31 and a beta of 0.43. The company’s fifty day simple moving average is $42.88 and its 200-day simple moving average is $41.79. Innovator U.S. Equity Ultra Buffer ETF – August has a 52 week low of $38.69 and a 52 week high of $43.25.

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

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