Innovator U.S. Equity Ultra Buffer ETF – February (BATS:UFEB) Stock Short Interest Drops 89.2%

Innovator U.S. Equity Ultra Buffer ETF – February (BATS:UFEB) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 657 shares, a decrease of 89.2% from the October 15th total of 6,109 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 10,216 shares, the days-to-cover ratio is currently 0.1 days.

Innovator U.S. Equity Ultra Buffer ETF – February Stock Down 0.2%

BATS:UFEB opened at $39.68 on Friday. The company’s 50 day moving average is $39.60 and its 200-day moving average is $38.40. The firm has a market cap of $164.67 million, a price-to-earnings ratio of 25.03 and a beta of 0.37. Innovator U.S. Equity Ultra Buffer ETF – February has a 12 month low of $35.50 and a 12 month high of $39.92.

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

A number of institutional investors have recently bought and sold shares of UFEB. HighTower Advisors LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – February in the third quarter worth about $15,946,000. Commonwealth Equity Services LLC acquired a new stake in Innovator U.S. Equity Ultra Buffer ETF – February in the third quarter worth about $3,439,000. Partners Wealth Management LLC bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – February during the third quarter worth approximately $427,000. Founders Financial Securities LLC bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – February during the 3rd quarter valued at $1,022,000. Finally, IMG Wealth Management Inc. increased its holdings in Innovator U.S. Equity Ultra Buffer ETF – February by 12.6% in the third quarter. IMG Wealth Management Inc. now owns 22,722 shares of the company’s stock valued at $898,000 after purchasing an additional 2,546 shares during the last quarter.

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

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