Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Sees Significant Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 9,836 shares, a drop of 86.0% from the June 15th total of 70,460 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 30,677 shares, the days-to-cover ratio is currently 0.3 days.

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

A number of hedge funds have recently made changes to their positions in PAPR. Alliancebernstein L.P. boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 0.6% in the 2nd quarter. Alliancebernstein L.P. now owns 2,319,292 shares of the company’s stock worth $86,486,000 after buying an additional 14,223 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Innovator U.S. Equity Power Buffer ETF – April by 20.2% during the second quarter. Raymond James Financial Inc. now owns 403,459 shares of the company’s stock worth $15,045,000 after buying an additional 67,796 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – April by 2.1% during the first quarter. Janney Montgomery Scott LLC now owns 303,265 shares of the company’s stock worth $12,070,000 after buying an additional 6,138 shares during the last quarter. LPL Financial LLC raised its position in Innovator U.S. Equity Power Buffer ETF – April by 5.8% in the fourth quarter. LPL Financial LLC now owns 296,444 shares of the company’s stock worth $11,597,000 after acquiring an additional 16,317 shares during the period. Finally, Focus Partners Wealth raised its position in Innovator U.S. Equity Power Buffer ETF – April by 699.8% in the fourth quarter. Focus Partners Wealth now owns 292,652 shares of the company’s stock worth $11,449,000 after acquiring an additional 256,062 shares during the period.

Innovator U.S. Equity Power Buffer ETF – April Price Performance

Shares of BATS:PAPR traded up $0.01 during mid-day trading on Friday, hitting $42.39. The company had a trading volume of 30,188 shares, compared to its average volume of 78,795. Innovator U.S. Equity Power Buffer ETF – April has a one year low of $37.33 and a one year high of $42.55. The firm has a fifty day moving average price of $42.03 and a 200 day moving average price of $40.52. The company has a market capitalization of $960.13 million, a PE ratio of 24.09 and a beta of 0.43.

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

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) 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. PAPR was launched on Apr 1, 2019 and is managed by Innovator.