Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Sees Significant Drop in Short Interest

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 10,985 shares, a drop of 40.8% from the June 15th total of 18,551 shares. Based on an average daily trading volume, of 4,837 shares, the short-interest ratio is presently 2.3 days. Approximately 0.2% of the shares of the company are short sold.

Innovator U.S. Equity Buffer ETF – February Trading Down 0.3%

Shares of BFEB opened at $52.91 on Friday. Innovator U.S. Equity Buffer ETF – February has a 52 week low of $44.81 and a 52 week high of $53.07. The firm has a market cap of $247.62 million, a price-to-earnings ratio of 24.25 and a beta of 0.63. The stock has a 50 day moving average of $52.40 and a 200-day moving average of $50.39.

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

A number of hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its stake in Innovator U.S. Equity Buffer ETF – February by 0.9% during the fourth quarter. Kestra Advisory Services LLC now owns 27,280 shares of the company’s stock valued at $1,328,000 after purchasing an additional 250 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Innovator U.S. Equity Buffer ETF – February in the 4th quarter worth about $26,000. Fifth Third Bancorp bought a new position in shares of Innovator U.S. Equity Buffer ETF – February in the 1st quarter worth about $33,000. Physician Wealth Advisors Inc. acquired a new position in shares of Innovator U.S. Equity Buffer ETF – February in the 1st quarter valued at about $41,000. Finally, Cetera Investment Advisers raised its stake in Innovator U.S. Equity Buffer ETF – February by 2.0% during the first quarter. Cetera Investment Advisers now owns 62,064 shares of the company’s stock worth $2,961,000 after acquiring an additional 1,213 shares during the period.

About Innovator U.S. Equity Buffer ETF – February

The Innovator S&P 500 Buffer ETF – February (BFEB) 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. BFEB was launched on Feb 3, 2020 and is managed by Innovator.