Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Sees Large Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 2,668 shares, a drop of 75.0% from the June 30th total of 10,657 shares. Based on an average trading volume of 28,412 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – February

A number of institutional investors have recently modified their holdings of the company. Jessup Wealth Management Inc acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February in the fourth quarter worth $61,000. Atlantic Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February during the 1st quarter worth $69,000. JPMorgan Chase & Co. grew its stake in Innovator U.S. Equity Power Buffer ETF – February by 38.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock valued at $165,000 after buying an additional 1,203 shares during the last quarter. AdvisorNet Financial Inc grew its stake in Innovator U.S. Equity Power Buffer ETF – February by 465.9% in the 1st quarter. AdvisorNet Financial Inc now owns 4,527 shares of the company’s stock valued at $182,000 after buying an additional 3,727 shares during the last quarter. Finally, TrustBank bought a new position in Innovator U.S. Equity Power Buffer ETF – February in the 4th quarter worth $214,000.

Innovator U.S. Equity Power Buffer ETF – February Stock Performance

PFEB remained flat at $43.05 on Friday. The company had a trading volume of 33,936 shares, compared to its average volume of 72,940. The company has a market capitalization of $1.01 billion, a PE ratio of 24.08 and a beta of 0.42. The stock’s fifty day simple moving average is $42.96 and its two-hundred day simple moving average is $41.77. Innovator U.S. Equity Power Buffer ETF – February has a 12-month low of $38.17 and a 12-month high of $43.38.

About Innovator U.S. Equity Power Buffer ETF – February

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.