Short Interest in Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Expands By 676.8%

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 26,349 shares, a growth of 676.8% from the July 30th total of 3,392 shares. Based on an average daily trading volume, of 12,804 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.2% of the company’s stock are short sold.

Innovator U.S. Equity Power Buffer ETF – March Trading Up 0.2%

Shares of PMAR opened at $48.77 on Friday. The company’s fifty day simple moving average is $48.11 and its 200 day simple moving average is $46.87. Innovator U.S. Equity Power Buffer ETF – March has a 1-year low of $43.02 and a 1-year high of $48.84. The company has a market cap of $772.03 million, a price-to-earnings ratio of 25.08 and a beta of 0.40.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Kintra Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the 2nd quarter valued at about $209,000. KFG Wealth Management LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – March by 0.4% during the second quarter. KFG Wealth Management LLC now owns 91,510 shares of the company’s stock worth $4,371,000 after purchasing an additional 408 shares during the period. Capital Square LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – March during the second quarter worth approximately $721,000. Canandaigua National Bank & Trust Co. acquired a new position in Innovator U.S. Equity Power Buffer ETF – March during the second quarter worth approximately $1,138,000. Finally, CoreCap Advisors LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – March by 5.6% in the second quarter. CoreCap Advisors LLC now owns 149,462 shares of the company’s stock valued at $7,140,000 after buying an additional 7,975 shares during the period.

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

The Innovator S&P 500 Power Buffer ETF – March (PMAR) 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. PMAR was launched on Mar 2, 2020 and is managed by Innovator.