Short Interest in Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Declines By 92.4%

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,926 shares, a decrease of 92.4% from the April 30th total of 25,477 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 21,235 shares, the short-interest ratio is currently 0.1 days.

Innovator U.S. Equity Power Buffer ETF – August Stock Performance

Shares of BATS PAUG opened at $45.32 on Thursday. The firm has a market cap of $879.21 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. The business’s 50-day simple moving average is $44.06 and its 200-day simple moving average is $43.53. Innovator U.S. Equity Power Buffer ETF – August has a 52 week low of $38.89 and a 52 week high of $45.32.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. GTS Financial LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 1st quarter valued at about $1,516,000. Cornerstone Wealth LLC TN acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 1st quarter valued at about $6,283,000. Independent Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 1st quarter valued at about $677,000. Kestra Advisory Services LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 36.7% during the 1st quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock valued at $17,434,000 after acquiring an additional 109,537 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 2.6% during the 1st quarter. Apollon Wealth Management LLC now owns 12,922 shares of the company’s stock valued at $552,000 after acquiring an additional 322 shares during the last quarter.

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

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