Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) Sees Large Growth in Short Interest

Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 5,380 shares, a growth of 183.2% from the May 31st total of 1,900 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 4,939 shares, the days-to-cover ratio is currently 1.1 days.

Innovator U.S. Equity Buffer ETF – August Stock Performance

Innovator U.S. Equity Buffer ETF – August stock opened at $53.44 on Tuesday. The company has a market capitalization of $187.04 million, a PE ratio of 24.96 and a beta of 0.68. Innovator U.S. Equity Buffer ETF – August has a fifty-two week low of $45.82 and a fifty-two week high of $53.51. The firm has a 50 day moving average price of $52.78 and a 200 day moving average price of $51.02.

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

A number of institutional investors and hedge funds have recently modified their holdings of BAUG. Cerity Partners LLC increased its stake in Innovator U.S. Equity Buffer ETF – August by 6.6% in the second quarter. Cerity Partners LLC now owns 112,978 shares of the company’s stock valued at $5,199,000 after purchasing an additional 7,024 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Innovator U.S. Equity Buffer ETF – August by 2.0% during the 2nd quarter. Raymond James Financial Inc. now owns 107,235 shares of the company’s stock worth $4,935,000 after buying an additional 2,107 shares during the last quarter. Chapman Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – August in the 2nd quarter valued at $1,636,000. Bright Futures Wealth Management LLC. acquired a new position in shares of Innovator U.S. Equity Buffer ETF – August in the 3rd quarter valued at $616,000. Finally, FSA Advisors Inc. grew its position in shares of Innovator U.S. Equity Buffer ETF – August by 0.9% in the 3rd quarter. FSA Advisors Inc. now owns 26,882 shares of the company’s stock valued at $1,317,000 after buying an additional 243 shares during the last quarter.

About Innovator U.S. Equity Buffer ETF – August

The Innovator U.S. Equity Buffer ETF – August (BAUG) is an exchange-traded fund that is based on the S&P 500 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. BAUG was launched on Aug 1, 2019 and is managed by Innovator.