Innovator Defined Wealth Shield ETF (BATS:BALT) Shares Shorted: Short Interest Up 93.6% in September

by · The Markets Daily

Innovator Defined Wealth Shield ETF (BATS:BALT – Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 279,635 shares, a growth of 93.6% from the August 31st total of 144,414 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 427,915 shares, the days-to-cover ratio is currently 0.7 days.

Innovator Defined Wealth Shield ETF Stock Performance

BATS BALT opened at $34.92 on Tuesday. The firm has a 50 day simple moving average of $34.68 and a 200-day simple moving average of $34.23. Innovator Defined Wealth Shield ETF has a one year low of $32.69 and a one year high of $35.09. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Hedge funds have recently added to or reduced their stakes in the business. Noble Wealth Management PBC lifted its position in Innovator Defined Wealth Shield ETF by 18.4% during the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock worth $77,000 after acquiring an additional 350 shares during the period. Worth Asset Management LLC increased its holdings in shares of Innovator Defined Wealth Shield ETF by 2.3% in the second quarter. Worth Asset Management LLC now owns 16,336 shares of the company’s stock valued at $560,000 after purchasing an additional 366 shares during the period. Allworth Financial LP increased its holdings in shares of Innovator Defined Wealth Shield ETF by 1.3% in the second quarter. Allworth Financial LP now owns 31,407 shares of the company’s stock valued at $1,076,000 after purchasing an additional 403 shares during the period. Cambridge Advisors Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 4.7% during the first quarter. Cambridge Advisors Inc. now owns 10,004 shares of the company’s stock worth $335,000 after purchasing an additional 450 shares during the last quarter. Finally, Tradition Wealth Management LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 7.0% during the fourth quarter. Tradition Wealth Management LLC now owns 9,074 shares of the company’s stock worth $304,000 after purchasing an additional 592 shares during the last quarter.

About Innovator Defined Wealth Shield ETF

(Get Free Report)

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.

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