Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) Sees Significant Drop in Short Interest

Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 14,896 shares, a decrease of 73.2% from the August 31st total of 55,617 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 8,717 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of Innovator U.S. Equity Buffer ETF – August

Several hedge funds and other institutional investors have recently modified their holdings of BAUG. Rockefeller Capital Management L.P. increased its position in Innovator U.S. Equity Buffer ETF – August by 2.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 13,317 shares of the company’s stock worth $666,000 after purchasing an additional 302 shares during the last quarter. Motiv8 Investments LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – August during the 4th quarter valued at about $84,000. HighTower Advisors LLC lifted its holdings in shares of Innovator U.S. Equity Buffer ETF – August by 2.1% during the 4th quarter. HighTower Advisors LLC now owns 87,234 shares of the company’s stock valued at $4,365,000 after buying an additional 1,793 shares during the last quarter. World Investment Advisors grew its stake in shares of Innovator U.S. Equity Buffer ETF – August by 8.1% in the 4th quarter. World Investment Advisors now owns 23,920 shares of the company’s stock valued at $1,197,000 after buying an additional 1,795 shares in the last quarter. Finally, GWN Securities Inc. grew its stake in shares of Innovator U.S. Equity Buffer ETF – August by 19.2% in the 4th quarter. GWN Securities Inc. now owns 19,160 shares of the company’s stock valued at $959,000 after buying an additional 3,091 shares in the last quarter.

Innovator U.S. Equity Buffer ETF – August Price Performance

BAUG stock opened at $55.66 on Monday. The company has a 50 day moving average of $55.01 and a two-hundred day moving average of $53.03. The company has a market cap of $194.81 million, a price-to-earnings ratio of 24.96 and a beta of 0.68. Innovator U.S. Equity Buffer ETF – August has a 12-month low of $47.71 and a 12-month high of $55.74.

Innovator U.S. Equity Buffer ETF – August Company Profile

The Innovator U.S. Equity Buffer ETF – August (BAUG) is an exchange-traded fund that is based on the S&P 500 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. BAUG was launched on Aug 1, 2019 and is managed by Innovator.