Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sees Significant Increase in Short Interest
by Mitch Edgeman · The Markets DailyInnovator U.S. Equity Power Buffer ETF – August (BATS:PAUG – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 181,017 shares, a growth of 1,430.8% from the July 30th total of 11,825 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average trading volume of 338,335 shares, the short-interest ratio is currently 0.5 days.
Innovator U.S. Equity Power Buffer ETF – August Trading Up 0.2%
Shares of Innovator U.S. Equity Power Buffer ETF – August stock traded up $0.07 on Tuesday, reaching $46.62. 52,712 shares of the stock were exchanged, compared to its average volume of 68,083. The firm has a market capitalization of $904.43 million, a PE ratio of 24.79 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – August has a 1-year low of $41.45 and a 1-year high of $46.91. The business has a fifty day moving average price of $46.00 and a two-hundred day moving average price of $44.73.
Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – August
Institutional investors have recently added to or reduced their stakes in the business. Blue Water Asset Management purchased a new position in Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter worth $480,000. Kestra Advisory Services LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 36.7% during the 1st quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock worth $17,434,000 after purchasing an additional 109,537 shares in the last quarter. Rothschild Wealth LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 4th quarter worth $7,854,000. COFG Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 4th quarter worth $2,278,000. Finally, Cornerstone Wealth LLC TN acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 1st quarter worth $6,283,000.
Innovator U.S. Equity Power Buffer ETF – August Company Profile
The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.