Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Stock Short Interest Report for September

Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 6,095 shares, a decrease of 54.0% from the September 15th total of 13,260 shares. Based on an average trading volume of 4,521 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Trading of Innovator Buffer Step-Up Strategy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC grew its position in shares of Innovator Buffer Step-Up Strategy ETF by 3.8% during the 2nd quarter. Citadel Advisors LLC now owns 7,927 shares of the company’s stock worth $312,000 after buying an additional 291 shares during the period. Cetera Investment Advisers bought a new stake in shares of Innovator Buffer Step-Up Strategy ETF during the first quarter worth approximately $2,288,000. Kestra Advisory Services LLC raised its stake in shares of Innovator Buffer Step-Up Strategy ETF by 25.8% during the first quarter. Kestra Advisory Services LLC now owns 5,842 shares of the company’s stock worth $210,000 after buying an additional 1,198 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in Innovator Buffer Step-Up Strategy ETF by 1.5% in the first quarter. Nations Financial Group Inc. IA ADV now owns 75,524 shares of the company’s stock valued at $2,720,000 after buying an additional 1,122 shares during the period.

Innovator Buffer Step-Up Strategy ETF Trading Up 0.3%

Innovator Buffer Step-Up Strategy ETF stock traded up $0.12 during mid-day trading on Thursday, hitting $40.47. The stock had a trading volume of 4,769 shares, compared to its average volume of 4,625. The stock has a 50-day simple moving average of $40.23 and a two-hundred day simple moving average of $39.21. The stock has a market capitalization of $59.90 million, a PE ratio of 23.53 and a beta of 0.69. Innovator Buffer Step-Up Strategy ETF has a 12 month low of $35.22 and a 12 month high of $40.73.

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.