Innovator U.S. Small Cap Power Buffer ETF – August (BATS:KAUG) Sees Large Drop in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – August (BATS:KAUG) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 839 shares, a decline of 74.4% from the April 30th total of 3,283 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 19,836 shares, the short-interest ratio is presently 0.0 days.

Innovator U.S. Small Cap Power Buffer ETF – August Stock Performance

Shares of KAUG opened at $28.40 on Friday. The company has a 50-day moving average of $27.68 and a two-hundred day moving average of $27.11. Innovator U.S. Small Cap Power Buffer ETF – August has a 12-month low of $24.32 and a 12-month high of $28.42.

Hedge Funds Weigh In On Innovator U.S. Small Cap Power Buffer ETF – August

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KAUG. Safe Harbor Wealth Advisors LLC acquired a new position in Innovator U.S. Small Cap Power Buffer ETF – August during the fourth quarter worth about $2,734,000. SageView Advisory Group LLC raised its position in Innovator U.S. Small Cap Power Buffer ETF – August by 148.8% during the third quarter. SageView Advisory Group LLC now owns 163,857 shares of the company’s stock worth $4,260,000 after acquiring an additional 98,011 shares during the last quarter. Cornerstone Wealth LLC TN acquired a new position in Innovator U.S. Small Cap Power Buffer ETF – August during the first quarter worth about $2,009,000. Berkshire Money Management Inc. raised its position in Innovator U.S. Small Cap Power Buffer ETF – August by 1.9% during the fourth quarter. Berkshire Money Management Inc. now owns 2,496,244 shares of the company’s stock worth $66,225,000 after acquiring an additional 47,175 shares during the last quarter. Finally, Blair William & Co. IL raised its position in Innovator U.S. Small Cap Power Buffer ETF – August by 25.3% during the third quarter. Blair William & Co. IL now owns 141,383 shares of the company’s stock worth $3,676,000 after acquiring an additional 28,553 shares during the last quarter.

About Innovator U.S. Small Cap Power Buffer ETF – August

The Innovator US Small Cap Power Buffer ETF – August (KAUG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in the price movement of the iShares Russell 2000 ETF, up to a predetermined cap, while buffering the first 15% of losses over a one-year period. The fund is actively managed, using FLEX options and collateral to provide exposure. KAUG was launched on Aug 1, 2024 and is issued by Innovator.