Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) Short Interest Update

Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 7,540 shares, a decrease of 46.3% from the August 31st total of 14,034 shares. Based on an average daily volume of 4,751 shares, the short-interest ratio is currently 1.6 days. Approximately 0.1% of the company’s shares are short sold.

Innovator U.S. Equity Ultra Buffer ETF – March Stock Down 0.2%

Shares of BATS:UMAR opened at $43.17 on Wednesday. The stock has a market cap of $224.48 million, a PE ratio of 25.05 and a beta of 0.34. The company’s fifty day moving average is $42.91 and its 200 day moving average is $41.95. Innovator U.S. Equity Ultra Buffer ETF – March has a 52 week low of $38.71 and a 52 week high of $43.35.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UMAR. Envestnet Asset Management Inc. lifted its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – March by 222.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 123,026 shares of the company’s stock valued at $5,649,000 after acquiring an additional 84,861 shares during the last quarter. Bullseye Investment Management LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – March during the 2nd quarter worth approximately $410,000. Talon Private Wealth LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – March in the 2nd quarter worth approximately $38,419,000. IFP Advisors Inc purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – March in the 2nd quarter worth approximately $211,000. Finally, Allworth Financial LP purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – March in the 2nd quarter worth approximately $320,000.

About Innovator U.S. Equity Ultra Buffer ETF – March

The Innovator S&P 500 Ultra Buffer ETF – March (UMAR) 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. UMAR was launched on Mar 2, 2020 and is managed by Innovator.