Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Stock Short Interest Declines 53.4%

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 45,340 shares, a decrease of 53.4% from the September 15th total of 97,248 shares. Based on an average trading volume of 20,872 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Innovator U.S. Equity Ultra Buffer ETF – August

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Broussard Financial Group LLC boosted its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 4.6% in the first quarter. Broussard Financial Group LLC now owns 411,343 shares of the company’s stock worth $16,184,000 after buying an additional 18,120 shares during the last quarter. Kestra Advisory Services LLC grew its position in Innovator U.S. Equity Ultra Buffer ETF – August by 7.8% during the first quarter. Kestra Advisory Services LLC now owns 67,587 shares of the company’s stock valued at $2,659,000 after buying an additional 4,903 shares during the period. RFG Advisory LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – August during the second quarter valued at approximately $203,000. Grove Bank & Trust purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – August during the third quarter valued at approximately $121,000. Finally, Cetera Investment Advisers increased its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 4.4% during the first quarter. Cetera Investment Advisers now owns 33,855 shares of the company’s stock valued at $1,332,000 after buying an additional 1,413 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – August Stock Performance

UAUG stock opened at $43.18 on Thursday. The company has a market cap of $172.72 million, a price-to-earnings ratio of 24.31 and a beta of 0.43. The business’s 50-day moving average is $43.04 and its two-hundred day moving average is $42.06. Innovator U.S. Equity Ultra Buffer ETF – August has a fifty-two week low of $38.69 and a fifty-two week high of $43.49.

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

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.