Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sees Significant Decrease in Short Interest

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 100,210 shares, a decline of 44.6% from the August 15th total of 181,017 shares. Based on an average daily trading volume, of 131,810 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the company’s stock are sold short.

Innovator U.S. Equity Power Buffer ETF – August Price Performance

Shares of BATS:PAUG opened at $46.48 on Tuesday. The company’s 50-day moving average price is $46.34 and its two-hundred day moving average price is $45.07. Innovator U.S. Equity Power Buffer ETF – August has a one year low of $41.92 and a one year high of $46.92. The stock has a market capitalization of $901.71 million, a PE ratio of 24.79 and a beta of 0.48.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – August

Several institutional investors and hedge funds have recently bought and sold shares of PAUG. Kestra Advisory Services LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – August by 36.7% in the 1st quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock valued at $17,434,000 after purchasing an additional 109,537 shares during the last quarter. Advisory Alpha LLC increased its position in Innovator U.S. Equity Power Buffer ETF – August by 0.6% during the fourth quarter. Advisory Alpha LLC now owns 230,134 shares of the company’s stock worth $9,953,000 after buying an additional 1,332 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in Innovator U.S. Equity Power Buffer ETF – August by 40.7% during the second quarter. Concurrent Investment Advisors LLC now owns 206,911 shares of the company’s stock worth $9,443,000 after buying an additional 59,806 shares during the last quarter. Rothschild Wealth LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter valued at approximately $7,854,000. Finally, Cornerstone Wealth LLC TN bought a new stake in Innovator U.S. Equity Power Buffer ETF – August in the first quarter valued at approximately $6,283,000.

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

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