Short Interest in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (BATS:EALT) Grows By 507.9%

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (BATS:EALT) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 13,162 shares, an increase of 507.9% from the April 15th total of 2,165 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 22,849 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EALT. AE Wealth Management LLC lifted its position in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 108.2% during the third quarter. AE Wealth Management LLC now owns 1,016 shares of the company’s stock valued at $35,000 after purchasing an additional 528 shares during the period. Advisory Services Network LLC bought a new position in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly during the third quarter valued at approximately $123,000. IFP Advisors Inc lifted its position in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 42.0% during the third quarter. IFP Advisors Inc now owns 3,723 shares of the company’s stock valued at $129,000 after purchasing an additional 1,102 shares during the period. Arista Wealth Management LLC bought a new position in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly during the third quarter valued at approximately $203,000. Finally, Wheelhouse Advisory Group LLC purchased a new stake in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly during the fourth quarter valued at approximately $212,000.

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly Price Performance

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly stock traded up $0.04 during midday trading on Wednesday, reaching $35.47. 8,979 shares of the company traded hands, compared to its average volume of 32,072. The firm has a market capitalization of $135.85 million, a price-to-earnings ratio of 24.37 and a beta of 0.63. The business has a 50 day moving average of $34.72 and a two-hundred day moving average of $35.14. Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly has a 12 month low of $31.40 and a 12 month high of $36.15.

About Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly

The Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (EALT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 5-15% decline. The fund resets its buffer and cap levels every three months EALT was launched on Sep 30, 2023 and is issued by Innovator.