Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Sees Large Increase in Short Interest

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 32,048 shares. Based on an average trading volume of 28,526 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the company’s stock are sold short.

Innovator U.S. Equity Power Buffer ETF – December Trading Down 0.2%

PDEC stock traded down $0.11 during midday trading on Friday, hitting $47.20. The company’s stock had a trading volume of 14,434 shares, compared to its average volume of 34,390. The firm’s 50-day moving average is $47.19 and its 200-day moving average is $45.50. Innovator U.S. Equity Power Buffer ETF – December has a 12 month low of $41.65 and a 12 month high of $47.69. The company has a market cap of $978.46 million, a PE ratio of 24.83 and a beta of 0.54.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PDEC. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the third quarter valued at $42,000. IFG Advisory LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth about $44,000. BCGM Wealth Management LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth about $207,000. William Mack & Associates Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – December in the 2nd quarter worth about $203,000. Finally, Allworth Financial LP purchased a new position in Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth about $285,000.

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

The Innovator U.S. Equity Power Buffer ETF – December (PDEC) 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. PDEC was launched on Dec 2, 2019 and is managed by Innovator.