Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Sees Significant Drop in Short Interest

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 7,700 shares, a decrease of 39.9% from the April 30th total of 12,818 shares. Based on an average daily trading volume, of 5,856 shares, the short-interest ratio is presently 1.3 days. Approximately 1.5% of the company’s shares are short sold.

Hedge Funds Weigh In On Innovator Equity Premium Income – Daily PutWrite ETF

Large investors have recently bought and sold shares of the business. Kingsview Wealth Management LLC bought a new stake in Innovator Equity Premium Income – Daily PutWrite ETF in the fourth quarter valued at approximately $250,000. Kestra Advisory Services LLC bought a new position in shares of Innovator Equity Premium Income – Daily PutWrite ETF during the fourth quarter worth $43,000. Finally, Waverly Advisors LLC boosted its position in shares of Innovator Equity Premium Income – Daily PutWrite ETF by 308.4% during the first quarter. Waverly Advisors LLC now owns 9,732 shares of the company’s stock worth $258,000 after purchasing an additional 7,349 shares in the last quarter.

Innovator Equity Premium Income – Daily PutWrite ETF Price Performance

Shares of NYSEARCA SPUT opened at $28.67 on Thursday. The company’s 50 day simple moving average is $27.75 and its 200 day simple moving average is $27.39. Innovator Equity Premium Income – Daily PutWrite ETF has a fifty-two week low of $22.64 and a fifty-two week high of $29.93. The firm has a market capitalization of $14.34 million, a P/E ratio of 25.67 and a beta of 0.54.

Innovator Equity Premium Income – Daily PutWrite ETF Company Profile

The Innovator Daily PutWrite ETF (SPUT) is an exchange-traded fund that mostly invests in large cap equity. The fund actively pursues exposure to US large-cap equities, while providing monthly income through a daily options put-writing strategy. SPUT was launched on Mar 14, 2025 and is issued by Innovator.