Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sees Significant Growth in Short Interest

by · The Cerbat Gem

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 23,984 shares, a growth of 1,177.8% from the May 31st total of 1,877 shares. Based on an average daily volume of 42,110 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

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

Shares of PNOV stock traded up $0.01 during mid-day trading on Thursday, hitting $43.98. 23,237 shares of the stock traded hands, compared to its average volume of 60,007. Innovator U.S. Equity Power Buffer ETF – November has a 52-week low of $39.26 and a 52-week high of $46.13. The stock has a market cap of $742.38 million, a P/E ratio of 24.05 and a beta of 0.45. The stock’s fifty day moving average is $43.75 and its two-hundred day moving average is $42.45.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Tucker Asset Management LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November in the fourth quarter valued at approximately $44,000. Key Capital Management INC purchased a new position in Innovator U.S. Equity Power Buffer ETF – November in the fourth quarter worth $46,000. NBC Securities Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the fourth quarter worth $50,000. Capital Investment Advisory Services LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the fourth quarter worth $56,000. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November during the 4th quarter valued at $104,000.

Innovator U.S. Equity Power Buffer ETF – November Company Profile

(Get Free Report)

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.

Featured Articles