Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) Sees Large Growth in Short Interest

Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 38,299 shares, a growth of 679.4% from the July 30th total of 4,914 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily volume of 35,892 shares, the short-interest ratio is presently 1.1 days.

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

BATS BAUG opened at $55.45 on Friday. Innovator U.S. Equity Buffer ETF – August has a 12 month low of $47.42 and a 12 month high of $55.72. The company has a market capitalization of $194.07 million, a P/E ratio of 24.96 and a beta of 0.68. The company’s 50 day simple moving average is $54.31 and its 200 day simple moving average is $52.30.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BAUG. Cerity Partners LLC lifted its stake in Innovator U.S. Equity Buffer ETF – August by 6.6% during the second quarter. Cerity Partners LLC now owns 112,978 shares of the company’s stock valued at $5,199,000 after buying an additional 7,024 shares in the last quarter. Raymond James Financial Inc. lifted its position in Innovator U.S. Equity Buffer ETF – August by 2.0% in the 2nd quarter. Raymond James Financial Inc. now owns 107,235 shares of the company’s stock worth $4,935,000 after buying an additional 2,107 shares in the last quarter. Chapman Financial Group LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – August during the second quarter worth $1,636,000. PFG Advisors boosted its position in Innovator U.S. Equity Buffer ETF – August by 67.6% during the third quarter. PFG Advisors now owns 7,770 shares of the company’s stock valued at $381,000 after purchasing an additional 3,134 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Innovator U.S. Equity Buffer ETF – August during the third quarter valued at $203,000.

Innovator U.S. Equity Buffer ETF – August Company Profile

The Innovator U.S. Equity Buffer ETF – August (BAUG) is an exchange-traded fund that is based on the S&P 500 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. BAUG was launched on Aug 1, 2019 and is managed by Innovator.