Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Shares Shorted: Short Interest Down 49.2% in September

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,467 shares, a drop of 49.2% from the August 31st total of 2,885 shares. Based on an average daily volume of 1,680 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Innovator Equity Premium Income – Daily PutWrite ETF

An institutional investor recently raised its position in Innovator Equity Premium Income – Daily PutWrite ETF stock. Waverly Advisors LLC increased its position in shares of Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) by 5.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,308 shares of the company’s stock after acquiring an additional 576 shares during the quarter. Waverly Advisors LLC owned approximately 1.72% of Innovator Equity Premium Income – Daily PutWrite ETF worth $291,000 as of its most recent filing with the SEC.

Innovator Equity Premium Income – Daily PutWrite ETF Stock Performance

SPUT stock traded up $0.02 during midday trading on Thursday, hitting $28.61. 779 shares of the stock were exchanged, compared to its average volume of 3,399. The stock’s 50-day moving average price is $28.57 and its 200-day moving average price is $28.09. The stock has a market cap of $17.17 million, a price-to-earnings ratio of 25.67 and a beta of 0.55. Innovator Equity Premium Income – Daily PutWrite ETF has a fifty-two week low of $26.08 and a fifty-two week high of $29.93.

Innovator Equity Premium Income – Daily PutWrite ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.0816 per share. This is a decrease from Innovator Equity Premium Income – Daily PutWrite ETF’s previous monthly dividend of $0.1128. The ex-dividend date is Wednesday, September 30th. This represents a $0.98 annualized dividend and a yield of 3.4%.

Innovator Equity Premium Income – Daily PutWrite ETF Company Profile

The Innovator Daily PutWrite ETF (SPUT) is an exchange-traded fund that mostly invests in large cap equity. The fund actively pursues exposure to US large-cap equities, while providing monthly income through a daily options put-writing strategy. SPUT was launched on Mar 14, 2025 and is issued by Innovator.