Short Interest in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) Expands By 1,175.6%

Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 19,058 shares, a growth of 1,175.6% from the August 15th total of 1,494 shares. Based on an average daily volume of 15,847 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.5% of the shares of the company are short sold.

Innovator U.S. Equity Ultra Buffer ETF – September Trading Down 0.3%

BATS:USEP traded down $0.14 during trading hours on Thursday, reaching $41.78. The company had a trading volume of 60,102 shares, compared to its average volume of 24,509. The firm has a market cap of $151.66 million, a price-to-earnings ratio of 24.18 and a beta of 0.40. The firm’s 50 day moving average price is $41.76 and its 200-day moving average price is $40.74. Innovator U.S. Equity Ultra Buffer ETF – September has a 52 week low of $38.06 and a 52 week high of $42.26.

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

Hedge funds have recently bought and sold shares of the company. Capital Analysts LLC lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – September by 218.4% in the second quarter. Capital Analysts LLC now owns 5,770 shares of the company’s stock valued at $238,000 after acquiring an additional 3,958 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the 2nd quarter valued at about $175,000. RFG Advisory LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 2nd quarter worth approximately $818,000. NewEdge Advisors LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 2nd quarter worth approximately $746,000. Finally, IFP Advisors Inc purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the second quarter worth approximately $1,319,000.

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

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