Innovator Defined Wealth Shield ETF (BATS:BALT) Sees Significant Increase in Short Interest

Innovator Defined Wealth Shield ETF (BATS:BALT) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 192,416 shares, an increase of 68.7% from the July 30th total of 114,056 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 385,882 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Innovator Defined Wealth Shield ETF

Several large investors have recently made changes to their positions in the business. Kingsview Wealth Management LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 19.1% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,007,223 shares of the company’s stock valued at $33,752,000 after buying an additional 161,394 shares during the period. Triad Wealth Partners LLC lifted its stake in shares of Innovator Defined Wealth Shield ETF by 45.9% during the first quarter. Triad Wealth Partners LLC now owns 142,586 shares of the company’s stock valued at $4,772,000 after acquiring an additional 44,841 shares during the period. Foundations Investment Advisors LLC lifted its stake in shares of Innovator Defined Wealth Shield ETF by 129.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 1,226,639 shares of the company’s stock valued at $41,105,000 after acquiring an additional 691,493 shares during the period. NewCorp Financial Services Inc. acquired a new position in shares of Innovator Defined Wealth Shield ETF during the fourth quarter valued at $2,752,000. Finally, Vantage Financial Partners LLC boosted its holdings in Innovator Defined Wealth Shield ETF by 53.1% in the fourth quarter. Vantage Financial Partners LLC now owns 59,564 shares of the company’s stock valued at $1,996,000 after acquiring an additional 20,648 shares during the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

BALT stock opened at $34.70 on Wednesday. The business has a fifty day moving average price of $34.49 and a 200 day moving average price of $34.08. Innovator Defined Wealth Shield ETF has a fifty-two week low of $32.48 and a fifty-two week high of $34.81. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

Innovator Defined Wealth Shield ETF Company Profile

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.