Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sees Significant Drop in Short Interest

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 3,392 shares, a decrease of 79.0% from the July 15th total of 16,137 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 9,946 shares, the short-interest ratio is currently 0.3 days.

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

PMAR opened at $48.65 on Thursday. The company has a market capitalization of $770.13 million, a price-to-earnings ratio of 25.08 and a beta of 0.40. The business’s 50-day moving average price is $47.86 and its two-hundred day moving average price is $46.61. Innovator U.S. Equity Power Buffer ETF – March has a 1 year low of $42.90 and a 1 year high of $48.73.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Focus Partners Wealth lifted its stake in Innovator U.S. Equity Power Buffer ETF – March by 90.5% in the 4th quarter. Focus Partners Wealth now owns 575,120 shares of the company’s stock valued at $25,847,000 after acquiring an additional 273,245 shares in the last quarter. Cornerstone Wealth LLC TN acquired a new position in Innovator U.S. Equity Power Buffer ETF – March during the 1st quarter worth approximately $4,348,000. Hardworking Capital Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter worth approximately $3,943,000. Kestra Advisory Services LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 40.5% during the 1st quarter. Kestra Advisory Services LLC now owns 255,499 shares of the company’s stock worth $11,400,000 after acquiring an additional 73,627 shares in the last quarter. Finally, Diversify Wealth Management LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the first quarter valued at approximately $3,316,000.

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

The Innovator S&P 500 Power Buffer ETF – March (PMAR) 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. PMAR was launched on Mar 2, 2020 and is managed by Innovator.