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

Innovator U.S. Equity Ultra Buffer ETF – February (BATS:UFEB) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 15,031 shares, a decline of 36.9% from the April 15th total of 23,831 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 17,237 shares, the days-to-cover ratio is presently 0.9 days.

Innovator U.S. Equity Ultra Buffer ETF – February Stock Down 0.0%

Innovator U.S. Equity Ultra Buffer ETF – February stock opened at $38.28 on Monday. Innovator U.S. Equity Ultra Buffer ETF – February has a 52 week low of $32.99 and a 52 week high of $38.45. The business has a 50-day simple moving average of $37.19 and a 200 day simple moving average of $36.85. The stock has a market cap of $294.76 million, a price-to-earnings ratio of 25.03 and a beta of 0.33.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Integrity Advisory Solutions LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – February during the third quarter worth about $1,858,000. IFP Advisors Inc lifted its stake in Innovator U.S. Equity Ultra Buffer ETF – February by 2.2% during the third quarter. IFP Advisors Inc now owns 100,819 shares of the company’s stock worth $3,608,000 after purchasing an additional 2,139 shares during the last quarter. Susquehanna International Group LLP lifted its stake in Innovator U.S. Equity Ultra Buffer ETF – February by 62.2% during the third quarter. Susquehanna International Group LLP now owns 35,105 shares of the company’s stock worth $1,256,000 after purchasing an additional 13,465 shares during the last quarter. Citadel Advisors LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – February during the third quarter worth about $528,000. Finally, Financial Life Planners bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – February during the third quarter worth about $39,000.

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.