Innovator Laddered Allocation Buffer ETF (BATS:BUFB) Short Interest Update

Innovator Laddered Allocation Buffer ETF (BATS:BUFB) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 50,754 shares, a growth of 75.7% from the April 30th total of 28,885 shares. Based on an average trading volume of 63,593 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Investors Weigh In On Innovator Laddered Allocation Buffer ETF

Large investors have recently made changes to their positions in the company. Gilpin Wealth Management LLC acquired a new position in Innovator Laddered Allocation Buffer ETF in the 4th quarter valued at approximately $26,000. Triumph Capital Management acquired a new position in Innovator Laddered Allocation Buffer ETF in the 3rd quarter valued at approximately $73,000. DHJJ Financial Advisors Ltd. increased its stake in Innovator Laddered Allocation Buffer ETF by 38.3% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 2,261 shares of the company’s stock valued at $83,000 after buying an additional 626 shares during the period. Foundations Investment Advisors LLC acquired a new position in Innovator Laddered Allocation Buffer ETF in the 4th quarter valued at approximately $209,000. Finally, COFG Advisors LLC acquired a new position in Innovator Laddered Allocation Buffer ETF in the 4th quarter valued at approximately $248,000.

Innovator Laddered Allocation Buffer ETF Price Performance

BUFB stock opened at $39.33 on Wednesday. Innovator Laddered Allocation Buffer ETF has a 52-week low of $32.75 and a 52-week high of $40.12. The company’s 50 day simple moving average is $37.74 and its 200-day simple moving average is $37.00. The firm has a market capitalization of $245.03 million, a P/E ratio of 24.89 and a beta of 0.70.

About Innovator Laddered Allocation Buffer ETF

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.