Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Sees Significant Increase in Short Interest

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 20,019 shares, a growth of 1,252.6% from the June 30th total of 1,480 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 29,472 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PDEC. Focus Partners Wealth increased its stake in Innovator U.S. Equity Power Buffer ETF – December by 4,413.2% during the fourth quarter. Focus Partners Wealth now owns 1,112,771 shares of the company’s stock worth $48,272,000 after acquiring an additional 1,088,115 shares during the last quarter. Brookstone Capital Management grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 412.0% during the 4th quarter. Brookstone Capital Management now owns 840,921 shares of the company’s stock worth $36,479,000 after purchasing an additional 676,677 shares during the period. Blair William & Co. IL grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 1.5% during the 4th quarter. Blair William & Co. IL now owns 755,492 shares of the company’s stock worth $32,773,000 after purchasing an additional 10,935 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 12.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 661,697 shares of the company’s stock worth $28,704,000 after purchasing an additional 70,857 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 17.4% during the 4th quarter. LPL Financial LLC now owns 628,763 shares of the company’s stock worth $27,276,000 after purchasing an additional 93,140 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – December Stock Performance

Shares of Innovator U.S. Equity Power Buffer ETF – December stock remained flat at $45.88 during mid-day trading on Friday. 18,354 shares of the stock traded hands, compared to its average volume of 41,861. The firm’s 50-day simple moving average is $45.78 and its 200-day simple moving average is $44.41. Innovator U.S. Equity Power Buffer ETF – December has a twelve month low of $40.10 and a twelve month high of $46.27. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48.

About Innovator U.S. Equity Power Buffer ETF – December

The Innovator U.S. Equity Power Buffer ETF – December (PDEC) 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. PDEC was launched on Dec 2, 2019 and is managed by Innovator.