Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Sees Large Decrease in Short Interest

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,646 shares, a decrease of 36.0% from the July 15th total of 2,571 shares. Based on an average trading volume of 3,921 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

Innovator Equity Premium Income – Daily PutWrite ETF Stock Performance

Shares of NYSEARCA SPUT traded down $0.10 during trading on Tuesday, reaching $28.67. The company had a trading volume of 541 shares, compared to its average volume of 3,861. Innovator Equity Premium Income – Daily PutWrite ETF has a 52 week low of $22.64 and a 52 week high of $29.93. The business’s 50 day moving average price is $28.26 and its 200-day moving average price is $27.75. The stock has a market cap of $17.20 million, a PE ratio of 25.67 and a beta of 0.55.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Waverly Advisors LLC increased its stake in shares of Innovator Equity Premium Income – Daily PutWrite ETF by 308.4% in the 1st quarter. Waverly Advisors LLC now owns 9,732 shares of the company’s stock valued at $258,000 after buying an additional 7,349 shares during the period. Kingsview Wealth Management LLC acquired a new position in shares of Innovator Equity Premium Income – Daily PutWrite ETF during the fourth quarter valued at $250,000. Finally, Kestra Advisory Services LLC bought a new position in Innovator Equity Premium Income – Daily PutWrite ETF in the fourth quarter valued at about $43,000.

Innovator Equity Premium Income – Daily PutWrite ETF Company Profile

The Innovator Daily PutWrite ETF (SPUT) is an exchange-traded fund that mostly invests in large cap equity. The fund actively pursues exposure to US large-cap equities, while providing monthly income through a daily options put-writing strategy. SPUT was launched on Mar 14, 2025 and is issued by Innovator.