Innovator Laddered Allocation Buffer ETF (BATS:BUFB) Short Interest Update

Innovator Laddered Allocation Buffer ETF (BATS:BUFB) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 34,601 shares, a drop of 40.1% from the May 31st total of 57,739 shares. Based on an average daily volume of 53,355 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Trading of Innovator Laddered Allocation Buffer ETF

Several hedge funds have recently made changes to their positions in BUFB. Heritage Wealth Management Inc. increased its stake in shares of Innovator Laddered Allocation Buffer ETF by 40.5% during the fourth quarter. Heritage Wealth Management Inc. now owns 68,843 shares of the company’s stock worth $2,522,000 after acquiring an additional 19,857 shares during the period. HighTower Advisors LLC raised its holdings in Innovator Laddered Allocation Buffer ETF by 8.7% during the fourth quarter. HighTower Advisors LLC now owns 275,965 shares of the company’s stock worth $10,110,000 after purchasing an additional 22,159 shares in the last quarter. Capital Wealth Management LLC lifted its position in Innovator Laddered Allocation Buffer ETF by 11.6% in the fourth quarter. Capital Wealth Management LLC now owns 191,320 shares of the company’s stock valued at $7,009,000 after purchasing an additional 19,923 shares during the period. Columbia Advisory Partners LLC lifted its position in Innovator Laddered Allocation Buffer ETF by 86.7% in the fourth quarter. Columbia Advisory Partners LLC now owns 141,548 shares of the company’s stock valued at $5,186,000 after purchasing an additional 65,739 shares during the period. Finally, GWN Securities Inc. lifted its position in Innovator Laddered Allocation Buffer ETF by 24.3% in the fourth quarter. GWN Securities Inc. now owns 216,226 shares of the company’s stock valued at $7,921,000 after purchasing an additional 42,267 shares during the period.

Innovator Laddered Allocation Buffer ETF Price Performance

BATS:BUFB opened at $39.31 on Wednesday. The firm has a market cap of $244.90 million, a price-to-earnings ratio of 24.89 and a beta of 0.70. The firm’s fifty day moving average price is $38.79 and its 200 day moving average price is $37.44. Innovator Laddered Allocation Buffer ETF has a 1-year low of $33.72 and a 1-year high of $40.12.

Innovator Laddered Allocation Buffer ETF Company Profile

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.