Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Short Interest Down 51.8% in April

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 106,411 shares, a drop of 51.8% from the April 15th total of 220,798 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 97,329 shares, the days-to-cover ratio is currently 1.1 days.

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

PAPR opened at $41.94 on Friday. Innovator U.S. Equity Power Buffer ETF – April has a fifty-two week low of $36.06 and a fifty-two week high of $41.95. The firm has a market capitalization of $949.94 million, a PE ratio of 24.09 and a beta of 0.43. The company’s 50-day moving average is $40.51 and its 200 day moving average is $39.56.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – April

Institutional investors and hedge funds have recently modified their holdings of the stock. Concurrent Investment Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 216.1% during the third quarter. Concurrent Investment Advisors LLC now owns 18,931 shares of the company’s stock valued at $726,000 after buying an additional 12,943 shares during the last quarter. Blue Zone Wealth Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – April in the 4th quarter valued at $805,000. Triad Wealth Partners LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – April by 20.2% during the 4th quarter. Triad Wealth Partners LLC now owns 135,249 shares of the company’s stock valued at $5,291,000 after acquiring an additional 22,765 shares in the last quarter. BCS Wealth Management lifted its stake in Innovator U.S. Equity Power Buffer ETF – April by 96.9% during the 4th quarter. BCS Wealth Management now owns 93,882 shares of the company’s stock valued at $3,673,000 after acquiring an additional 46,210 shares in the last quarter. Finally, CWM LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – April by 13.0% during the 4th quarter. CWM LLC now owns 270,698 shares of the company’s stock worth $10,590,000 after acquiring an additional 31,065 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) 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. PAPR was launched on Apr 1, 2019 and is managed by Innovator.