Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (BATS:EALT) Sees Significant Growth in Short Interest

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (BATS:EALT) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 56,989 shares, an increase of 333.0% from the April 30th total of 13,162 shares. Based on an average daily volume of 35,592 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.5% of the company’s stock are short sold.

Institutional Trading of Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC boosted its holdings in shares of Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 178.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 334,716 shares of the company’s stock valued at $11,812,000 after buying an additional 214,527 shares during the last quarter. Mutual Advisors LLC boosted its holdings in shares of Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 124.3% in the 3rd quarter. Mutual Advisors LLC now owns 245,716 shares of the company’s stock valued at $8,552,000 after buying an additional 136,170 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 162.6% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 203,221 shares of the company’s stock valued at $6,621,000 after buying an additional 125,838 shares during the last quarter. Brookstone Capital Management boosted its holdings in shares of Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 80.1% in the 4th quarter. Brookstone Capital Management now owns 196,513 shares of the company’s stock valued at $6,935,000 after buying an additional 87,388 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 76.5% in the 3rd quarter. Raymond James Financial Inc. now owns 167,928 shares of the company’s stock valued at $5,802,000 after buying an additional 72,786 shares during the last quarter.

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly Stock Performance

BATS EALT opened at $35.62 on Friday. The business has a 50 day simple moving average of $34.81 and a 200 day simple moving average of $35.17. Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly has a 52-week low of $31.70 and a 52-week high of $36.15. The stock has a market cap of $136.42 million, a price-to-earnings ratio of 24.37 and a beta of 0.63.

About Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly

The Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (EALT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 5-15% decline. The fund resets its buffer and cap levels every three months EALT was launched on Sep 30, 2023 and is issued by Innovator.