Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Short Interest Update

Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 915 shares, a decline of 34.3% from the June 15th total of 1,392 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,270 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Innovator Buffer Step-Up Strategy ETF

Institutional investors have recently modified their holdings of the company. D.B. Root & Company LLC raised its position in shares of Innovator Buffer Step-Up Strategy ETF by 2.8% during the fourth quarter. D.B. Root & Company LLC now owns 221,970 shares of the company’s stock worth $8,242,000 after purchasing an additional 6,138 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in shares of Innovator Buffer Step-Up Strategy ETF by 1.5% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 75,524 shares of the company’s stock valued at $2,720,000 after purchasing an additional 1,122 shares during the period. Cetera Investment Advisers acquired a new position in shares of Innovator Buffer Step-Up Strategy ETF in the 1st quarter valued at $2,288,000. Capital Investment Advisory Services LLC boosted its position in shares of Innovator Buffer Step-Up Strategy ETF by 1.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 36,294 shares of the company’s stock valued at $1,348,000 after purchasing an additional 528 shares during the period. Finally, OFC Financial Planning LLC increased its stake in Innovator Buffer Step-Up Strategy ETF by 6.2% in the 4th quarter. OFC Financial Planning LLC now owns 31,892 shares of the company’s stock worth $1,184,000 after purchasing an additional 1,849 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Stock Down 0.5%

Shares of NYSEARCA BSTP opened at $39.29 on Friday. The stock has a market cap of $59.72 million, a P/E ratio of 23.53 and a beta of 0.69. The firm’s 50-day simple moving average is $39.16 and its 200 day simple moving average is $37.91. Innovator Buffer Step-Up Strategy ETF has a fifty-two week low of $34.59 and a fifty-two week high of $39.65.

Innovator Buffer Step-Up Strategy ETF Company Profile

The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options. BSTP was launched on Mar 8, 2022 and is managed by Innovator.