Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Shares Shorted: Short Interest Down 49.2% in September

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,467 shares, a drop of 49.2% from the August 31st total of 2,885 shares. Based on an average trading volume of 1,680 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the shares of the stock are short sold.

Innovator Equity Premium Income – Daily PutWrite ETF Stock Down 0.3%

SPUT traded down $0.08 during trading on Wednesday, reaching $28.59. The stock had a trading volume of 850 shares, compared to its average volume of 3,414. The firm has a market capitalization of $17.15 million, a price-to-earnings ratio of 25.67 and a beta of 0.55. Innovator Equity Premium Income – Daily PutWrite ETF has a 1-year low of $26.08 and a 1-year high of $29.93. The stock has a 50 day moving average of $28.56 and a two-hundred day moving average of $28.07.

Innovator Equity Premium Income – Daily PutWrite ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th will be issued a $0.0816 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a negative change from Innovator Equity Premium Income – Daily PutWrite ETF’s previous monthly dividend of $0.1128.

Institutional Trading of Innovator Equity Premium Income – Daily PutWrite ETF

A hedge fund recently raised its position in Innovator Equity Premium Income – Daily PutWrite ETF stock. Waverly Advisors LLC lifted its position in Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,308 shares of the company’s stock after acquiring an additional 576 shares during the period. Waverly Advisors LLC owned about 1.72% of Innovator Equity Premium Income – Daily PutWrite ETF worth $291,000 as of its most recent SEC filing.

Innovator Equity Premium Income – Daily PutWrite ETF Company Profile

The Innovator Daily PutWrite ETF (SPUT) is an exchange-traded fund that mostly invests in large cap equity. The fund actively pursues exposure to US large-cap equities, while providing monthly income through a daily options put-writing strategy. SPUT was launched on Mar 14, 2025 and is issued by Innovator.