Short Interest in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Grows By 2,623.1%

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 16,774 shares, a growth of 2,623.1% from the May 31st total of 616 shares. Based on an average daily volume of 34,336 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Innovator U.S. Equity Power Buffer ETF – December Stock Performance

BATS:PDEC remained flat at $45.50 on Thursday. 10,448 shares of the company’s stock were exchanged, compared to its average volume of 44,733. Innovator U.S. Equity Power Buffer ETF – December has a 52 week low of $39.63 and a 52 week high of $46.06. The stock has a market cap of $1.21 billion, a P/E ratio of 24.83 and a beta of 0.48. The stock’s 50-day simple moving average is $45.30 and its two-hundred day simple moving average is $44.03.

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

Several institutional investors and hedge funds have recently modified their holdings of the company. MTM Financial Group LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – December by 0.8% during the first quarter. MTM Financial Group LLC now owns 50,204 shares of the company’s stock worth $2,134,000 after acquiring an additional 390 shares during the last quarter. Financial Solutions Advisory Group Inc. acquired a new position in Innovator U.S. Equity Power Buffer ETF – December in the 1st quarter valued at $1,011,000. GTS Financial LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – December in the 1st quarter valued at $5,406,000. Cornerstone Wealth LLC TN purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth $300,000. Finally, Arkadios Wealth Advisors lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 7.6% during the 1st quarter. Arkadios Wealth Advisors now owns 28,614 shares of the company’s stock worth $1,216,000 after purchasing an additional 2,019 shares during the period.

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

The Innovator U.S. Equity Power Buffer ETF – December (PDEC) 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. PDEC was launched on Dec 2, 2019 and is managed by Innovator.