Short Interest in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Rises By 309.6%

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 60,728 shares, a growth of 309.6% from the July 15th total of 14,825 shares. Based on an average trading volume of 28,281 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.3% of the company’s stock are sold short.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.1%

PAPR opened at $42.98 on Friday. The stock has a market cap of $973.50 million, a price-to-earnings ratio of 24.09 and a beta of 0.43. Innovator U.S. Equity Power Buffer ETF – April has a 1 year low of $37.75 and a 1 year high of $42.98. The stock has a fifty day moving average price of $42.31 and a 200 day moving average price of $41.09.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – April

Institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 36.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 980 shares of the company’s stock valued at $38,000 after buying an additional 260 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in Innovator U.S. Equity Power Buffer ETF – April during the fourth quarter valued at approximately $45,000. Jessup Wealth Management Inc acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at approximately $57,000. Optima Capital LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at approximately $85,000. Finally, Barclays PLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at approximately $92,000.

About Innovator U.S. Equity Power Buffer ETF – April

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) 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. PAPR was launched on Apr 1, 2019 and is managed by Innovator.