Innovator Equity Defined Protection ETF – 1 Yr August (BATS:ZAUG) Sees Significant Growth in Short Interest

Innovator Equity Defined Protection ETF – 1 Yr August (BATS:ZAUG) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,655 shares, a growth of 70.6% from the April 30th total of 970 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 16,403 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Innovator Equity Defined Protection ETF – 1 Yr August

Several institutional investors and hedge funds have recently modified their holdings of the stock. CWM LLC increased its position in shares of Innovator Equity Defined Protection ETF – 1 Yr August by 753.5% during the fourth quarter. CWM LLC now owns 973 shares of the company’s stock valued at $26,000 after buying an additional 859 shares during the period. Allworth Financial LP bought a new position in Innovator Equity Defined Protection ETF – 1 Yr August in the third quarter worth $61,000. Optima Capital LLC purchased a new position in Innovator Equity Defined Protection ETF – 1 Yr August during the fourth quarter valued at $106,000. Foundations Investment Advisors LLC bought a new position in shares of Innovator Equity Defined Protection ETF – 1 Yr August in the 3rd quarter worth about $202,000. Finally, TopTier Wealth Management LLC bought a new stake in Innovator Equity Defined Protection ETF – 1 Yr August during the fourth quarter worth about $212,000.

Innovator Equity Defined Protection ETF – 1 Yr August Stock Performance

BATS ZAUG remained flat at $27.46 on Wednesday. The company’s stock had a trading volume of 53,336 shares, compared to its average volume of 14,637. Innovator Equity Defined Protection ETF – 1 Yr August has a 1-year low of $23.19 and a 1-year high of $27.49. The firm’s 50-day simple moving average is $27.09 and its 200-day simple moving average is $26.85.

About Innovator Equity Defined Protection ETF – 1 Yr August

The Innovator 1 Yr August (ZAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one year outcome period. The actively managed fund holds FLEX options to obtain exposure ZAUG was launched on Aug 1, 2024 and is issued by Innovator.