Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Short Interest Up 2,623.1% in June

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 16,774 shares, a growth of 2,623.1% from the May 31st total of 616 shares. Based on an average daily trading volume, of 34,336 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Focus Partners Wealth increased its position in Innovator U.S. Equity Power Buffer ETF – December by 4,413.2% during the 4th quarter. Focus Partners Wealth now owns 1,112,771 shares of the company’s stock valued at $48,272,000 after purchasing an additional 1,088,115 shares during the period. Brookstone Capital Management boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 412.0% during the fourth quarter. Brookstone Capital Management now owns 840,921 shares of the company’s stock valued at $36,479,000 after purchasing an additional 676,677 shares in the last quarter. Susquehanna International Group LLP boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 3,514.8% during the third quarter. Susquehanna International Group LLP now owns 404,564 shares of the company’s stock valued at $17,000,000 after purchasing an additional 393,372 shares in the last quarter. Caprock Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter valued at approximately $11,269,000. Finally, Pathstone Holdings LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the third quarter valued at approximately $9,266,000.

Innovator U.S. Equity Power Buffer ETF – December Trading Up 0.0%

PDEC opened at $45.51 on Friday. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – December has a 12-month low of $39.69 and a 12-month high of $46.06. The business’s fifty day simple moving average is $45.35 and its 200-day simple moving average is $44.05.

Innovator U.S. Equity Power Buffer ETF – December Company Profile

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.