Innovator U.S. Equity Buffer ETF – December (BATS:BDEC) Stock Short Interest Falls 73.8%

Innovator U.S. Equity Buffer ETF – December (BATS:BDEC) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,532 shares, a drop of 73.8% from the August 31st total of 5,851 shares. Based on an average trading volume of 4,499 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp bought a new position in shares of Innovator U.S. Equity Buffer ETF – December in the first quarter worth $82,000. Sunbelt Securities Inc. boosted its stake in Innovator U.S. Equity Buffer ETF – December by 826.9% during the first quarter. Sunbelt Securities Inc. now owns 3,513 shares of the company’s stock valued at $169,000 after buying an additional 3,134 shares during the period. Wheelhouse Advisory Group LLC bought a new stake in Innovator U.S. Equity Buffer ETF – December during the first quarter valued at $289,000. COFG Advisors LLC purchased a new position in Innovator U.S. Equity Buffer ETF – December during the fourth quarter worth about $318,000. Finally, Weaver Consulting Group grew its position in Innovator U.S. Equity Buffer ETF – December by 9.8% during the fourth quarter. Weaver Consulting Group now owns 9,535 shares of the company’s stock worth $473,000 after buying an additional 850 shares in the last quarter.

Innovator U.S. Equity Buffer ETF – December Stock Performance

Shares of BATS:BDEC opened at $55.03 on Monday. The company has a 50 day moving average of $54.25 and a 200 day moving average of $52.46. The stock has a market cap of $431.99 million, a P/E ratio of 25.05 and a beta of 0.68. Innovator U.S. Equity Buffer ETF – December has a 12 month low of $46.83 and a 12 month high of $55.13.

About Innovator U.S. Equity Buffer ETF – December

The Innovator S&P 500 Buffer ETF – December (BDEC) 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. BDEC was launched on Dec 1, 2019 and is managed by Innovator.