Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Sees Significant Growth in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 12,081 shares, a growth of 887.8% from the July 15th total of 1,223 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 25,706 shares, the days-to-cover ratio is currently 0.5 days.

Innovator U.S. Equity Ultra Buffer ETF – August Trading Down 0.1%

Shares of BATS:UAUG traded down $0.04 during mid-day trading on Tuesday, reaching $42.97. The stock had a trading volume of 21,878 shares, compared to its average volume of 22,533. Innovator U.S. Equity Ultra Buffer ETF – August has a twelve month low of $38.34 and a twelve month high of $43.18. The firm has a market cap of $171.88 million, a PE ratio of 24.31 and a beta of 0.43. The firm has a 50 day simple moving average of $42.16 and a two-hundred day simple moving average of $41.06.

Institutional Investors Weigh In On Innovator U.S. Equity Ultra Buffer ETF – August

A number of hedge funds and other institutional investors have recently made changes to their positions in UAUG. Talon Private Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August in the 1st quarter valued at about $49,000. Cetera Investment Advisers boosted its position in Innovator U.S. Equity Ultra Buffer ETF – August by 4.4% during the first quarter. Cetera Investment Advisers now owns 33,855 shares of the company’s stock worth $1,332,000 after purchasing an additional 1,413 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 7.8% during the 1st quarter. Kestra Advisory Services LLC now owns 67,587 shares of the company’s stock worth $2,659,000 after buying an additional 4,903 shares during the period. Broussard Financial Group LLC grew its position in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 4.6% in the first quarter. Broussard Financial Group LLC now owns 411,343 shares of the company’s stock valued at $16,184,000 after purchasing an additional 18,120 shares during the last quarter. Finally, OLD Mission Capital LLC grew its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 3.3% in the 4th quarter. OLD Mission Capital LLC now owns 23,187 shares of the company’s stock valued at $926,000 after buying an additional 744 shares in the last quarter.

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.