Short Interest in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Grows By 2,623.1%

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 16,774 shares, an increase of 2,623.1% from the May 31st total of 616 shares. Based on an average daily volume of 34,336 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

Innovator U.S. Equity Power Buffer ETF – December Price Performance

Shares of PDEC remained flat at $45.50 during trading hours on Thursday. 10,448 shares of the stock were exchanged, compared to its average volume of 44,733. Innovator U.S. Equity Power Buffer ETF – December has a 1-year low of $39.63 and a 1-year high of $46.06. The firm has a 50-day moving average of $45.30 and a 200 day moving average of $44.03. The stock has a market capitalization of $1.21 billion, a P/E ratio of 24.83 and a beta of 0.48.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – December

Several institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 3.6% in the first quarter. AQR Capital Management LLC now owns 15,200 shares of the company’s stock valued at $572,000 after purchasing an additional 525 shares in the last quarter. Raymond James Financial Inc. increased its position in Innovator U.S. Equity Power Buffer ETF – December by 11.3% during the second quarter. Raymond James Financial Inc. now owns 297,797 shares of the company’s stock worth $11,915,000 after buying an additional 30,118 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the second quarter worth $762,000. Bank of America Corp DE acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the second quarter worth $72,000. Finally, Merit Financial Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December in the third quarter valued at $206,000.

Innovator U.S. Equity Power Buffer ETF – December Company Profile

The Innovator U.S. Equity Power Buffer ETF – December (PDEC) 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. PDEC was launched on Dec 2, 2019 and is managed by Innovator.