Short Interest in Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) Increases By 670.9%

Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,699,775 shares, an increase of 670.9% from the June 30th total of 220,493 shares. Currently, 10.7% of the shares of the stock are sold short. Based on an average trading volume of 301,366 shares, the short-interest ratio is currently 5.6 days.

Institutional Trading of Innovator U.S. Equity 10 Buffer ETF – Quarterly

Several large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. increased its stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 58.0% in the 2nd quarter. Raymond James Financial Inc. now owns 655,353 shares of the company’s stock worth $20,185,000 after acquiring an additional 240,537 shares during the last quarter. Ausdal Financial Partners Inc. boosted its position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 152.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 48,680 shares of the company’s stock valued at $1,499,000 after acquiring an additional 29,414 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly in the second quarter valued at about $808,000. Orion Porfolio Solutions LLC purchased a new stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly in the second quarter valued at about $906,000. Finally, Sugar Maple Asset Management LLC grew its holdings in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 8.0% in the second quarter. Sugar Maple Asset Management LLC now owns 30,000 shares of the company’s stock valued at $924,000 after purchasing an additional 2,226 shares during the period.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Price Performance

ZALT stock opened at $33.88 on Friday. The business has a 50 day simple moving average of $33.82 and a 200-day simple moving average of $33.22. The firm has a market capitalization of $536.32 million, a PE ratio of 24.29 and a beta of 0.29. Innovator U.S. Equity 10 Buffer ETF – Quarterly has a 1 year low of $30.97 and a 1 year high of $34.09.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Company Profile

The Innovator U.S. Equity 10 Buffer ETF – Quarterly (ZALT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 10% decline. The fund resets its buffer and cap levels every three months ZALT was launched on Sep 30, 2023 and is issued by Innovator.