Innovator U.S. Equity Ultra Buffer ETF – February (BATS:UFEB) Stock Short Interest Falls 89.2%

Innovator U.S. Equity Ultra Buffer ETF – February (BATS:UFEB) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 657 shares, a decrease of 89.2% from the October 15th total of 6,109 shares. Based on an average daily volume of 10,216 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Innovator U.S. Equity Ultra Buffer ETF – February Price Performance

Shares of BATS UFEB opened at $39.49 on Wednesday. The stock has a fifty day moving average price of $39.59 and a 200 day moving average price of $38.37. Innovator U.S. Equity Ultra Buffer ETF – February has a 1-year low of $35.50 and a 1-year high of $39.92. The company has a market cap of $163.88 million, a PE ratio of 25.03 and a beta of 0.37.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – February during the 3rd quarter worth approximately $15,946,000. Commonwealth Equity Services LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – February during the third quarter worth about $3,439,000. Partners Wealth Management LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – February during the third quarter worth about $427,000. Founders Financial Securities LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – February during the third quarter worth about $1,022,000. Finally, IMG Wealth Management Inc. grew its position in Innovator U.S. Equity Ultra Buffer ETF – February by 12.6% during the third quarter. IMG Wealth Management Inc. now owns 22,722 shares of the company’s stock worth $898,000 after buying an additional 2,546 shares during the period.

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

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