Innovator Defined Wealth Shield ETF (BATS:BALT) Sees Large Decrease in Short Interest

Innovator Defined Wealth Shield ETF (BATS:BALT) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 114,056 shares, a decrease of 42.1% from the July 15th total of 197,002 shares. Based on an average trading volume of 519,638 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Innovator Defined Wealth Shield ETF Trading Down 0.0%

Shares of BATS:BALT opened at $34.73 on Tuesday. Innovator Defined Wealth Shield ETF has a 1-year low of $32.43 and a 1-year high of $34.77. The stock has a market capitalization of $1.61 billion, a P/E ratio of 24.42 and a beta of 0.14. The business has a 50-day moving average price of $34.38 and a two-hundred day moving average price of $34.00.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bison Wealth LLC boosted its stake in Innovator Defined Wealth Shield ETF by 73.5% in the fourth quarter. Bison Wealth LLC now owns 41,232 shares of the company’s stock valued at $1,296,000 after acquiring an additional 17,464 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF during the 1st quarter valued at $347,000. Jane Street Group LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF during the 1st quarter valued at $1,036,000. NewEdge Advisors LLC lifted its stake in shares of Innovator Defined Wealth Shield ETF by 105.2% in the 2nd quarter. NewEdge Advisors LLC now owns 97,208 shares of the company’s stock valued at $3,118,000 after purchasing an additional 49,841 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of Innovator Defined Wealth Shield ETF by 18.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 34,396 shares of the company’s stock valued at $1,103,000 after purchasing an additional 5,274 shares during the period.

Innovator Defined Wealth Shield ETF Company Profile

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.