Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Stock Short Interest Declines 94.2%

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 2,157 shares, a decline of 94.2% from the October 15th total of 37,226 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,741 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in UAUG. Brookstone Capital Management purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – August in the third quarter worth $55,496,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in Innovator U.S. Equity Ultra Buffer ETF – August by 7.7% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 165,744 shares of the company’s stock valued at $7,122,000 after buying an additional 11,871 shares during the period. Commonwealth Equity Services LLC bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the 3rd quarter valued at $6,697,000. KFG Wealth Management LLC boosted its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 41.1% during the 3rd quarter. KFG Wealth Management LLC now owns 138,576 shares of the company’s stock valued at $5,954,000 after buying an additional 40,399 shares in the last quarter. Finally, MBL Wealth LLC boosted its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 3.3% during the 3rd quarter. MBL Wealth LLC now owns 131,841 shares of the company’s stock valued at $5,665,000 after buying an additional 4,215 shares in the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – August Trading Down 0.1%

Innovator U.S. Equity Ultra Buffer ETF – August stock traded down $0.03 during trading hours on Tuesday, hitting $42.77. 5,600 shares of the stock traded hands, compared to its average volume of 26,884. Innovator U.S. Equity Ultra Buffer ETF – August has a one year low of $38.69 and a one year high of $43.49. The firm’s 50-day moving average price is $43.04 and its two-hundred day moving average price is $41.69. The company has a market cap of $248.07 million, a PE ratio of 22.71 and a beta of 0.47.

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

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.