Innovator U.S. Equity Buffer ETF – September (BATS:BSEP) Sees Significant Growth in Short Interest

Innovator U.S. Equity Buffer ETF – September (BATS:BSEP) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 7,359 shares, a growth of 111.6% from the April 30th total of 3,478 shares. Based on an average daily trading volume, of 6,426 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.2% of the company’s shares are sold short.

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

Shares of BSEP opened at $52.54 on Monday. Innovator U.S. Equity Buffer ETF – September has a 1-year low of $43.17 and a 1-year high of $52.59. The company has a 50-day moving average of $50.46 and a 200 day moving average of $49.68. The firm has a market capitalization of $191.77 million, a price-to-earnings ratio of 24.26 and a beta of 0.70.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BSEP. Barclays PLC purchased a new position in Innovator U.S. Equity Buffer ETF – September during the 4th quarter valued at about $114,000. Advisory Services Network LLC purchased a new position in Innovator U.S. Equity Buffer ETF – September during the 3rd quarter valued at about $118,000. Optima Capital LLC purchased a new position in Innovator U.S. Equity Buffer ETF – September during the 4th quarter valued at about $167,000. Wealth Enhancement Advisory Services LLC purchased a new position in Innovator U.S. Equity Buffer ETF – September during the 3rd quarter valued at about $209,000. Finally, JPMorgan Chase & Co. increased its position in Innovator U.S. Equity Buffer ETF – September by 769.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,000 shares of the company’s stock valued at $226,000 after purchasing an additional 4,425 shares during the period.

About Innovator U.S. Equity Buffer ETF – September

The Innovator S&P 500 Buffer ETF – September (BSEP) 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. BSEP was launched on Sep 3, 2019 and is managed by Innovator.