Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Short Interest Update

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 18,551 shares, a decline of 90.5% from the May 31st total of 196,097 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 15,193 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Brookstone Capital Management grew its position in Innovator U.S. Equity Buffer ETF – February by 970.1% in the 1st quarter. Brookstone Capital Management now owns 689,839 shares of the company’s stock valued at $32,907,000 after acquiring an additional 625,375 shares in the last quarter. GTS Financial LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – February during the first quarter worth about $3,576,000. My Personal CFO LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – February in the fourth quarter valued at approximately $3,325,000. Susquehanna International Group LLP acquired a new position in shares of Innovator U.S. Equity Buffer ETF – February in the third quarter valued at approximately $2,159,000. Finally, TopTier Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – February in the fourth quarter valued at approximately $2,170,000.

Innovator U.S. Equity Buffer ETF – February Price Performance

Shares of BATS BFEB remained flat at $52.05 during midday trading on Thursday. 3,907 shares of the stock were exchanged, compared to its average volume of 26,236. The firm has a fifty day moving average of $51.84 and a 200 day moving average of $49.92. The stock has a market cap of $243.59 million, a PE ratio of 24.25 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – February has a fifty-two week low of $44.29 and a fifty-two week high of $52.86.

About Innovator U.S. Equity Buffer ETF – February

The Innovator S&P 500 Buffer ETF – February (BFEB) 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. BFEB was launched on Feb 3, 2020 and is managed by Innovator.