Innovator Laddered Allocation Buffer ETF (BATS:BUFB) Short Interest Up 75.7% in May

Innovator Laddered Allocation Buffer ETF (BATS:BUFB) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 50,754 shares, a growth of 75.7% from the April 30th total of 28,885 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 63,593 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Innovator Laddered Allocation Buffer ETF

A number of hedge funds have recently made changes to their positions in the stock. LPL Financial LLC lifted its holdings in Innovator Laddered Allocation Buffer ETF by 9.1% during the 4th quarter. LPL Financial LLC now owns 323,228 shares of the company’s stock worth $11,841,000 after buying an additional 26,936 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Innovator Laddered Allocation Buffer ETF by 8.7% during the 4th quarter. HighTower Advisors LLC now owns 275,965 shares of the company’s stock worth $10,110,000 after buying an additional 22,159 shares in the last quarter. Seros Financial LLC lifted its holdings in Innovator Laddered Allocation Buffer ETF by 3.1% during the 4th quarter. Seros Financial LLC now owns 220,808 shares of the company’s stock worth $8,089,000 after buying an additional 6,538 shares in the last quarter. GWN Securities Inc. lifted its holdings in Innovator Laddered Allocation Buffer ETF by 24.3% during the 4th quarter. GWN Securities Inc. now owns 216,226 shares of the company’s stock worth $7,921,000 after buying an additional 42,267 shares in the last quarter. Finally, Capital Wealth Management LLC lifted its holdings in Innovator Laddered Allocation Buffer ETF by 11.6% during the 1st quarter. Capital Wealth Management LLC now owns 213,581 shares of the company’s stock worth $7,670,000 after buying an additional 22,261 shares in the last quarter.

Innovator Laddered Allocation Buffer ETF Stock Performance

BATS:BUFB opened at $39.29 on Tuesday. The stock has a market capitalization of $244.78 million, a P/E ratio of 24.89 and a beta of 0.70. The company has a 50 day moving average price of $37.74 and a 200 day moving average price of $37.00. Innovator Laddered Allocation Buffer ETF has a fifty-two week low of $32.51 and a fifty-two week high of $40.12.

About Innovator Laddered Allocation Buffer ETF

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.