Innovator Equity Defined Protection ETF1 Yr September (BATS:ZSEP) Stock Short Interest Falls 37.1%

Innovator Equity Defined Protection ETF1 Yr September (BATS:ZSEP) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 155,970 shares, a drop of 37.1% from the September 30th total of 247,854 shares. Based on an average daily trading volume, of 38,093 shares, the days-to-cover ratio is currently 4.1 days. Currently, 5.3% of the company’s shares are short sold.

Innovator Equity Defined Protection ETF1 Yr September Price Performance

Innovator Equity Defined Protection ETF1 Yr September stock opened at $27.90 on Wednesday. Innovator Equity Defined Protection ETF1 Yr September has a fifty-two week low of $26.42 and a fifty-two week high of $28.10. The firm’s 50 day simple moving average is $27.91 and its 200-day simple moving average is $27.41.

Hedge Funds Weigh In On Innovator Equity Defined Protection ETF1 Yr September

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schulz Wealth LTD. purchased a new position in Innovator Equity Defined Protection ETF1 Yr September in the second quarter valued at about $999,000. Brown Financial Advisors acquired a new position in Innovator Equity Defined Protection ETF1 Yr September in the 2nd quarter worth about $698,000. IFP Advisors Inc increased its position in Innovator Equity Defined Protection ETF1 Yr September by 1,991.6% in the 2nd quarter. IFP Advisors Inc now owns 22,380 shares of the company’s stock worth $617,000 after purchasing an additional 21,310 shares during the last quarter. Bullseye Investment Management LLC purchased a new stake in shares of Innovator Equity Defined Protection ETF1 Yr September during the 2nd quarter worth about $1,237,000. Finally, KFG Wealth Management LLC raised its stake in shares of Innovator Equity Defined Protection ETF1 Yr September by 20.0% during the 3rd quarter. KFG Wealth Management LLC now owns 150,092 shares of the company’s stock worth $4,179,000 after purchasing an additional 25,066 shares in the last quarter.

About Innovator Equity Defined Protection ETF1 Yr September

The Innovator 1 Yr September (ZSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one year outcome period. The actively managed fund holds FLEX options to obtain exposure ZSEP was launched on Aug 31, 2024 and is issued by Innovator.