Innovator U.S. Small Cap Power Buffer ETF – August (BATS:KAUG) Sees Significant Drop in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – August (BATS:KAUG) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 1,958 shares, a decline of 92.8% from the October 15th total of 27,024 shares. Based on an average daily trading volume, of 19,557 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Innovator U.S. Small Cap Power Buffer ETF – August Stock Performance

Shares of KAUG stock traded down $0.12 during mid-day trading on Tuesday, reaching $28.49. The company’s stock had a trading volume of 1,640 shares, compared to its average volume of 21,620. The company’s 50 day simple moving average is $28.48 and its 200-day simple moving average is $28.13. Innovator U.S. Small Cap Power Buffer ETF – August has a 12-month low of $25.42 and a 12-month high of $29.50.

Institutional Trading of Innovator U.S. Small Cap Power Buffer ETF – August

Large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC acquired a new stake in Innovator U.S. Small Cap Power Buffer ETF – August in the 3rd quarter valued at $102,000. HighTower Advisors LLC acquired a new position in shares of Innovator U.S. Small Cap Power Buffer ETF – August during the third quarter worth about $2,135,000. Harbour Investments Inc. acquired a new position in shares of Innovator U.S. Small Cap Power Buffer ETF – August during the third quarter worth about $137,000. Phoenix Financial Ltd. acquired a new position in shares of Innovator U.S. Small Cap Power Buffer ETF – August during the third quarter worth about $201,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Innovator U.S. Small Cap Power Buffer ETF – August in the third quarter worth about $213,000.

About Innovator U.S. Small Cap Power Buffer ETF – August

The Innovator US Small Cap Power Buffer ETF – August (KAUG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in the price movement of the iShares Russell 2000 ETF, up to a predetermined cap, while buffering the first 15% of losses over a one-year period. The fund is actively managed, using FLEX options and collateral to provide exposure. KAUG was launched on Aug 1, 2024 and is issued by Innovator.