Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Shares Shorted: Short Interest Up 77.2% in September

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 97,248 shares, an increase of 77.2% from the August 31st total of 54,891 shares. Based on an average trading volume of 15,761 shares, the short-interest ratio is currently 6.2 days. Approximately 2.4% of the company’s stock are sold short.

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

BATS:UAUG opened at $42.94 on Wednesday. Innovator U.S. Equity Ultra Buffer ETF – August has a one year low of $38.69 and a one year high of $43.25. The company’s 50-day simple moving average is $42.86 and its 200 day simple moving average is $41.77. The firm has a market capitalization of $171.76 million, a P/E ratio of 24.31 and a beta of 0.43.

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

A number of institutional investors and hedge funds have recently bought and sold shares of UAUG. Broussard Financial Group LLC increased its position in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 4.6% during the first quarter. Broussard Financial Group LLC now owns 411,343 shares of the company’s stock valued at $16,184,000 after acquiring an additional 18,120 shares in the last quarter. Kestra Advisory Services LLC increased its position in Innovator U.S. Equity Ultra Buffer ETF – August by 7.8% during the first quarter. Kestra Advisory Services LLC now owns 67,587 shares of the company’s stock valued at $2,659,000 after acquiring an additional 4,903 shares during the last quarter. NewCorp Financial Services Inc. purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the 4th quarter valued at about $2,297,000. Cetera Investment Advisers raised its position in Innovator U.S. Equity Ultra Buffer ETF – August by 4.4% in the first quarter. Cetera Investment Advisers now owns 33,855 shares of the company’s stock worth $1,332,000 after acquiring an additional 1,413 shares during the period. Finally, Foundations Investment Advisors LLC raised its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 32.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 28,200 shares of the company’s stock worth $1,126,000 after purchasing an additional 6,962 shares during the period.

About Innovator U.S. Equity Ultra Buffer ETF – August

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.