Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Stock Short Interest Declines 66.2%

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 7,993 shares, a drop of 66.2% from the September 15th total of 23,674 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 97,363 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BFEB. Brookstone Capital Management grew its stake in shares of Innovator U.S. Equity Buffer ETF – February by 970.1% during the first quarter. Brookstone Capital Management now owns 689,839 shares of the company’s stock worth $32,907,000 after acquiring an additional 625,375 shares during the last quarter. Talon Private Wealth LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – February during the second quarter valued at about $10,126,000. GTS Financial LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – February during the first quarter valued at about $3,576,000. My Personal CFO LLC raised its position in shares of Innovator U.S. Equity Buffer ETF – February by 7.9% in the 1st quarter. My Personal CFO LLC now owns 73,685 shares of the company’s stock valued at $3,515,000 after purchasing an additional 5,370 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Innovator U.S. Equity Buffer ETF – February by 2.0% in the 1st quarter. Cetera Investment Advisers now owns 62,064 shares of the company’s stock valued at $2,961,000 after purchasing an additional 1,213 shares during the last quarter.

Innovator U.S. Equity Buffer ETF – February Price Performance

Innovator U.S. Equity Buffer ETF – February stock opened at $54.79 on Wednesday. Innovator U.S. Equity Buffer ETF – February has a 1-year low of $46.60 and a 1-year high of $54.79. The business has a fifty day moving average price of $54.02 and a 200-day moving average price of $52.45. The stock has a market capitalization of $256.42 million, a price-to-earnings ratio of 24.25 and a beta of 0.63.

About Innovator U.S. Equity Buffer ETF – February

The Innovator S&P 500 Buffer ETF – February (BFEB) 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. BFEB was launched on Feb 3, 2020 and is managed by Innovator.