Short Interest in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Grows By 621.9%

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 7,421 shares, a growth of 621.9% from the May 31st total of 1,028 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 25,663 shares, the short-interest ratio is currently 0.3 days.

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

Shares of PSEP opened at $45.73 on Friday. Innovator U.S. Equity Power Buffer ETF – September has a 1-year low of $40.69 and a 1-year high of $46.02. The stock has a market cap of $816.28 million, a PE ratio of 25.05 and a beta of 0.48. The firm has a fifty day moving average price of $45.52 and a 200 day moving average price of $44.36.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – September

Several institutional investors and hedge funds have recently made changes to their positions in PSEP. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September in the 3rd quarter valued at about $29,000. Key Capital Management INC purchased a new position in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter worth approximately $46,000. Barclays PLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth approximately $64,000. EverSource Wealth Advisors LLC increased its position in Innovator U.S. Equity Power Buffer ETF – September by 53.7% during the third quarter. EverSource Wealth Advisors LLC now owns 1,549 shares of the company’s stock worth $67,000 after buying an additional 541 shares during the period. Finally, Elevated Capital Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at approximately $83,000.

About Innovator U.S. Equity Power Buffer ETF – September

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.