Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 50,556 shares, a growth of 1,253.6% from the August 15th total of 3,735 shares. Based on an average daily volume of 290,405 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are sold short.

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

A number of institutional investors have recently added to or reduced their stakes in PSEP. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the 3rd quarter worth $29,000. Barclays PLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter worth $64,000. Garton & Associates Financial Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth $116,000. Creative Planning bought a new position in Innovator U.S. Equity Power Buffer ETF – September during the second quarter valued at about $200,000. Finally, Forty three Eighteen Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter worth about $219,000.

Innovator U.S. Equity Power Buffer ETF – September Stock Down 0.4%

Shares of PSEP traded down $0.17 during midday trading on Thursday, reaching $46.59. 474,047 shares of the stock were exchanged, compared to its average volume of 78,608. The company has a market cap of $831.63 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – September has a 12-month low of $42.31 and a 12-month high of $47.12. The firm has a 50 day simple moving average of $46.53 and a 200-day simple moving average of $45.37.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.