Innovator U.S. Equity Buffer ETF – December (BATS:BDEC) Sees Significant Drop in Short Interest

Innovator U.S. Equity Buffer ETF – December (BATS:BDEC) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,613 shares, a drop of 61.6% from the April 30th total of 12,005 shares. Based on an average daily trading volume, of 10,965 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

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

Shares of BATS BDEC opened at $53.33 on Friday. Innovator U.S. Equity Buffer ETF – December has a 1-year low of $43.24 and a 1-year high of $53.38. The business’s fifty day moving average price is $50.73 and its two-hundred day moving average price is $49.91. The firm has a market capitalization of $418.64 million, a PE ratio of 25.05 and a beta of 0.68.

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

Large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada acquired a new stake in Innovator U.S. Equity Buffer ETF – December in the fourth quarter worth $39,000. Fifth Third Bancorp acquired a new stake in Innovator U.S. Equity Buffer ETF – December in the first quarter worth $82,000. JPMorgan Chase & Co. increased its position in Innovator U.S. Equity Buffer ETF – December by 17.6% in the second quarter. JPMorgan Chase & Co. now owns 2,351 shares of the company’s stock worth $106,000 after buying an additional 351 shares during the period. Steward Partners Investment Advisory LLC increased its position in Innovator U.S. Equity Buffer ETF – December by 14.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,590 shares of the company’s stock worth $128,000 after buying an additional 324 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – December in the third quarter worth $150,000.

About Innovator U.S. Equity Buffer ETF – December

The Innovator S&P 500 Buffer ETF – December (BDEC) 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. BDEC was launched on Dec 1, 2019 and is managed by Innovator.