Short Interest in Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) Declines By 64.6%

Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 31,459 shares, a decline of 64.6% from the April 30th total of 88,979 shares. Based on an average daily volume of 48,883 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC raised its position in Innovator Laddered Allocation Power Buffer ETF by 7.0% during the fourth quarter. Capital Investment Advisory Services LLC now owns 3,532 shares of the company’s stock valued at $176,000 after purchasing an additional 231 shares in the last quarter. Diversify Wealth Management LLC raised its position in Innovator Laddered Allocation Power Buffer ETF by 0.8% during the fourth quarter. Diversify Wealth Management LLC now owns 32,337 shares of the company’s stock valued at $1,625,000 after purchasing an additional 250 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Innovator Laddered Allocation Power Buffer ETF by 39.2% during the second quarter. Geneos Wealth Management Inc. now owns 1,058 shares of the company’s stock valued at $50,000 after purchasing an additional 298 shares in the last quarter. Bedel Financial Consulting Inc. raised its position in Innovator Laddered Allocation Power Buffer ETF by 6.9% during the third quarter. Bedel Financial Consulting Inc. now owns 4,883 shares of the company’s stock valued at $239,000 after purchasing an additional 315 shares in the last quarter. Finally, Brookstone Capital Management raised its position in Innovator Laddered Allocation Power Buffer ETF by 1.5% during the first quarter. Brookstone Capital Management now owns 27,078 shares of the company’s stock valued at $1,338,000 after purchasing an additional 401 shares in the last quarter.

Innovator Laddered Allocation Power Buffer ETF Price Performance

Shares of BUFF opened at $52.61 on Friday. Innovator Laddered Allocation Power Buffer ETF has a one year low of $45.36 and a one year high of $52.63. The company has a market cap of $789.15 million, a P/E ratio of 24.31 and a beta of 0.44. The firm has a 50 day simple moving average of $51.09 and a two-hundred day simple moving average of $50.32.

Innovator Laddered Allocation Power Buffer ETF Company Profile

The Innovator Laddered Allocation Power Buffer ETF (BUFF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of Innovators twelve monthly Power Buffer ETFs, which targets specific buffered losses and capped gains on the S&P 500. BUFF was launched on Oct 20, 2016 and is managed by Innovator.