Short Interest in Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Drops By 74.4%

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 24,126 shares, a decline of 74.4% from the July 30th total of 94,246 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 4,542 shares, the short-interest ratio is currently 5.3 days.

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

Innovator U.S. Equity Buffer ETF – February stock opened at $53.99 on Friday. The stock has a fifty day moving average price of $53.08 and a 200 day moving average price of $51.29. Innovator U.S. Equity Buffer ETF – February has a 52 week low of $45.71 and a 52 week high of $54.13. The firm has a market capitalization of $252.67 million, a P/E ratio of 24.25 and a beta of 0.63.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BFEB. Brookstone Capital Management lifted its holdings in shares of Innovator U.S. Equity Buffer ETF – February by 970.1% during the 1st quarter. Brookstone Capital Management now owns 689,839 shares of the company’s stock worth $32,907,000 after acquiring an additional 625,375 shares during the period. GTS Financial LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – February in the first quarter valued at approximately $3,576,000. Raymond James Financial Inc. grew its holdings in Innovator U.S. Equity Buffer ETF – February by 11.7% in the second quarter. Raymond James Financial Inc. now owns 74,595 shares of the company’s stock valued at $3,331,000 after purchasing an additional 7,822 shares during the period. My Personal CFO LLC grew its holdings in Innovator U.S. Equity Buffer ETF – February by 7.9% in the first quarter. My Personal CFO LLC now owns 73,685 shares of the company’s stock valued at $3,515,000 after purchasing an additional 5,370 shares during the period. Finally, Cetera Investment Advisers increased its position in Innovator U.S. Equity Buffer ETF – February by 2.0% during the first quarter. Cetera Investment Advisers now owns 62,064 shares of the company’s stock worth $2,961,000 after purchasing an additional 1,213 shares during the last quarter.

About Innovator U.S. Equity Buffer ETF – February

The Innovator S&P 500 Buffer ETF – February (BFEB) 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. BFEB was launched on Feb 3, 2020 and is managed by Innovator.