Short Interest in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Decreases By 51.8%

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 106,411 shares, a drop of 51.8% from the April 15th total of 220,798 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 97,329 shares, the days-to-cover ratio is presently 1.1 days.

Innovator U.S. Equity Power Buffer ETF – April Stock Down 0.3%

PAPR stock opened at $41.83 on Friday. The business has a fifty day moving average of $40.56 and a two-hundred day moving average of $39.57. The stock has a market cap of $947.45 million, a price-to-earnings ratio of 24.09 and a beta of 0.43. Innovator U.S. Equity Power Buffer ETF – April has a 52-week low of $36.06 and a 52-week high of $41.95.

Institutional Investors 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 the business. Apollon Wealth Management LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 0.7% during the first quarter. Apollon Wealth Management LLC now owns 39,071 shares of the company’s stock worth $1,555,000 after acquiring an additional 256 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 36.1% during the third 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 increased its stake 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 worth $235,000 after acquiring an additional 274 shares during the last quarter. Financial Network Wealth Advisors LLC grew its stake 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 buying an additional 306 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew 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 valued at $301,000 after buying an additional 397 shares in the last quarter.

About Innovator U.S. Equity Power Buffer ETF – April

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.