Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) Sees Large Growth in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 87,954 shares, a growth of 361.5% from the August 31st total of 19,058 shares. Currently, 2.4% of the shares of the company are short sold. Based on an average daily trading volume, of 104,619 shares, the short-interest ratio is presently 0.8 days.

Innovator U.S. Equity Ultra Buffer ETF – September Stock Up 0.3%

Innovator U.S. Equity Ultra Buffer ETF – September stock opened at $42.23 on Friday. The company’s 50-day moving average price is $41.88 and its two-hundred day moving average price is $40.93. The stock has a market cap of $153.29 million, a P/E ratio of 24.18 and a beta of 0.40. Innovator U.S. Equity Ultra Buffer ETF – September has a twelve month low of $38.06 and a twelve month high of $42.39.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – September

A number of large investors have recently made changes to their positions in USEP. Bullseye Investment Management LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the 2nd quarter valued at $27,000. Talon Private Wealth LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the 1st quarter worth $49,000. BAM Wealth Management LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the 2nd quarter worth $170,000. Integrated Wealth Concepts LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the second quarter worth about $175,000. Finally, NWF Advisory Services Inc. bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the second quarter worth approximately $182,000.

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

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