Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) Short Interest Down 93.7% in May

Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,154 shares, a drop of 93.7% from the April 30th total of 18,455 shares. Based on an average daily trading volume, of 13,376 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

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

Shares of UDEC traded up $0.04 during trading hours on Wednesday, hitting $41.56. The company’s stock had a trading volume of 256,511 shares, compared to its average volume of 24,017. The company has a market cap of $468.80 million, a price-to-earnings ratio of 24.92 and a beta of 0.37. The business has a 50 day simple moving average of $40.18 and a two-hundred day simple moving average of $39.79. Innovator U.S. Equity Ultra Buffer ETF – December has a 52-week low of $35.10 and a 52-week high of $41.60.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – December

Large investors have recently modified their holdings of the company. Aptus Capital Advisors LLC boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 14.3% in the fourth quarter. Aptus Capital Advisors LLC now owns 2,400 shares of the company’s stock valued at $95,000 after acquiring an additional 300 shares during the period. Jessup Wealth Management Inc bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the fourth quarter valued at approximately $98,000. Ameritas Advisory Services LLC boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 189.2% in the third quarter. Ameritas Advisory Services LLC now owns 4,500 shares of the company’s stock valued at $173,000 after acquiring an additional 2,944 shares during the period. DHJJ Financial Advisors Ltd. boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 771.6% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 4,794 shares of the company’s stock valued at $190,000 after acquiring an additional 4,244 shares during the period. Finally, Simplicity Wealth LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the fourth quarter valued at approximately $204,000.

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

The Innovator S&P 500 Ultra Buffer ETF – December (UDEC) 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. UDEC was launched on Dec 2, 2019 and is managed by Innovator.