Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) Short Interest Update

Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 3,664 shares, a growth of 366,300.0% from the May 14th total of 1 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,074 shares, the short-interest ratio is currently 0.6 days.

Innovator U.S. Equity Ultra Buffer ETF – September Stock Down 0.2%

Shares of USEP traded down $0.08 during mid-day trading on Tuesday, reaching $40.96. The company’s stock had a trading volume of 5,866 shares, compared to its average volume of 25,285. The business has a fifty day moving average of $40.32 and a 200 day moving average of $39.65. The company has a market cap of $148.68 million, a price-to-earnings ratio of 24.18 and a beta of 0.40. Innovator U.S. Equity Ultra Buffer ETF – September has a 1 year low of $35.91 and a 1 year high of $41.28.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – September

Hedge funds have recently modified their holdings of the stock. Brookstone Capital Management increased its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 1.8% in the fourth quarter. Brookstone Capital Management now owns 1,618,090 shares of the company’s stock worth $63,641,000 after acquiring an additional 28,105 shares during the last quarter. Legacy Advisors LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter worth $1,256,000. AssuredPartners Investment Advisors LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter worth $514,000. Colton Groome Financial Advisors LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter worth $249,000. Finally, Foundations Investment Advisors LLC increased its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 39.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 23,685 shares of the company’s stock worth $932,000 after acquiring an additional 6,668 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – September Company Profile

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) 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. USEP was launched on Sep 3, 2019 and is managed by Innovator.