Innovator Premium Income 15 Buffer ETF – April (BATS:LAPR) Sees Large Growth in Short Interest

Innovator Premium Income 15 Buffer ETF – April (BATS:LAPR) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 10,949 shares, an increase of 48.3% from the July 30th total of 7,384 shares. Approximately 4.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,806 shares, the short-interest ratio is presently 6.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LAPR. Arista Wealth Management LLC purchased a new stake in shares of Innovator Premium Income 15 Buffer ETF – April in the second quarter worth about $569,000. CreativeOne Wealth LLC acquired a new stake in shares of Innovator Premium Income 15 Buffer ETF – April in the third quarter valued at about $564,000. Finally, KFG Wealth Management LLC raised its holdings in shares of Innovator Premium Income 15 Buffer ETF – April by 6.5% during the 2nd quarter. KFG Wealth Management LLC now owns 12,897 shares of the company’s stock valued at $326,000 after buying an additional 783 shares during the period.

Innovator Premium Income 15 Buffer ETF – April Price Performance

LAPR traded down $0.01 during trading on Tuesday, hitting $25.23. 15 shares of the company’s stock were exchanged, compared to its average volume of 2,764. Innovator Premium Income 15 Buffer ETF – April has a 1 year low of $24.97 and a 1 year high of $25.50. The stock has a 50 day moving average price of $25.31 and a 200 day moving average price of $25.27.

Innovator Premium Income 15 Buffer ETF – April Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 31st will be given a dividend of $0.1412 per share. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Monday, August 31st.

About Innovator Premium Income 15 Buffer ETF – April

The Innovator Premium Income 15 Buffer ETF — April (LAPR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide a consistent income stream and a limited protective buffer against the first 15% of SPDR S&P 500 ETF Trust (SPY) losses. The exposure resets each year in April LAPR was launched on Apr 1, 2024 and is issued by Innovator.