Innovator U.S. Equity Buffer ETF – November (BATS:BNOV) Sees Significant Decline in Short Interest

Innovator U.S. Equity Buffer ETF – November (BATS:BNOV) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 226 shares, a drop of 54.8% from the June 30th total of 500 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 7,807 shares, the short-interest ratio is currently 0.0 days.

Innovator U.S. Equity Buffer ETF – November Stock Down 1.2%

BNOV opened at $47.11 on Thursday. The stock has a market cap of $153.11 million, a price-to-earnings ratio of 23.95 and a beta of 0.64. Innovator U.S. Equity Buffer ETF – November has a twelve month low of $41.44 and a twelve month high of $48.28. The company’s 50-day moving average price is $47.67 and its two-hundred day moving average price is $45.85.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cerity Partners LLC boosted its stake in Innovator U.S. Equity Buffer ETF – November by 8.7% in the second quarter. Cerity Partners LLC now owns 53,370 shares of the company’s stock worth $2,202,000 after buying an additional 4,250 shares in the last quarter. Visionary Wealth Advisors purchased a new stake in Innovator U.S. Equity Buffer ETF – November during the 2nd quarter valued at about $212,000. JPMorgan Chase & Co. raised its stake in shares of Innovator U.S. Equity Buffer ETF – November by 11,528.6% in the third quarter. JPMorgan Chase & Co. now owns 4,070 shares of the company’s stock worth $177,000 after purchasing an additional 4,035 shares during the last quarter. UBS Group AG lifted its holdings in shares of Innovator U.S. Equity Buffer ETF – November by 47.8% during the 3rd quarter. UBS Group AG now owns 18,141 shares of the company’s stock valued at $789,000 after buying an additional 5,863 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Buffer ETF – November by 49.0% in the third quarter. Citadel Advisors LLC now owns 22,718 shares of the company’s stock worth $988,000 after buying an additional 7,475 shares during the last quarter.

About Innovator U.S. Equity Buffer ETF – November

The Innovator U.S. Equity Buffer ETF – November (BNOV) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund is an actively managed ETF designed to track the price return of the S&P 500 with capped gains and some buffering against losses over a predetermined period. BNOV was launched on Nov 1, 2019 and is managed by Innovator.