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

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 60,728 shares, an increase of 309.6% from the July 15th total of 14,825 shares. Based on an average daily volume of 28,281 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.3% of the company’s stock are sold short.

Innovator U.S. Equity Power Buffer ETF – April Trading Down 0.0%

Innovator U.S. Equity Power Buffer ETF – April stock opened at $42.91 on Friday. Innovator U.S. Equity Power Buffer ETF – April has a 1-year low of $37.75 and a 1-year high of $42.99. The firm’s fifty day simple moving average is $42.33 and its 200-day simple moving average is $41.11. The company has a market capitalization of $971.91 million, a P/E ratio of 24.09 and a beta of 0.43.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – April

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PAPR. Apollon Wealth Management LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 0.7% in the first quarter. Apollon Wealth Management LLC now owns 39,071 shares of the company’s stock worth $1,555,000 after buying an additional 256 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Innovator U.S. Equity Power Buffer ETF – April by 36.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 980 shares of the company’s stock worth $38,000 after acquiring an additional 260 shares during the last quarter. Advyzon Investment Management LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – April by 4.8% during the fourth quarter. Advyzon Investment Management LLC now owns 6,004 shares of the company’s stock valued at $235,000 after acquiring an additional 274 shares during the period. Financial Network Wealth Advisors LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 3.6% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 8,875 shares of the company’s stock valued at $347,000 after purchasing an additional 306 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 5.4% in the fourth quarter. Ausdal Financial Partners Inc. now owns 7,696 shares of the company’s stock worth $301,000 after purchasing an additional 397 shares during the period.

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

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) 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. PAPR was launched on Apr 1, 2019 and is managed by Innovator.