Short Interest in Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Drops By 51.0%

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 10,284 shares, a drop of 51.0% from the July 30th total of 21,006 shares. Based on an average daily trading volume, of 32,274 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

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

Innovator U.S. Equity Power Buffer ETF – February stock opened at $43.94 on Friday. The stock has a market capitalization of $1.03 billion, a P/E ratio of 24.08 and a beta of 0.42. The company’s fifty day moving average price is $43.38 and its 200 day moving average price is $42.23. Innovator U.S. Equity Power Buffer ETF – February has a 1 year low of $38.75 and a 1 year high of $44.03.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – February

Institutional investors and hedge funds have recently modified their holdings of the stock. Jessup Wealth Management Inc acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the 4th quarter worth about $61,000. Atlantic Private Wealth LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the first quarter valued at approximately $69,000. JPMorgan Chase & Co. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 38.3% in the second quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock valued at $165,000 after acquiring an additional 1,203 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 465.9% in the first quarter. AdvisorNet Financial Inc now owns 4,527 shares of the company’s stock worth $182,000 after acquiring an additional 3,727 shares during the last quarter. Finally, TrustBank acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February in the fourth quarter worth approximately $214,000.

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

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.