Short Interest in Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Grows By 755.8%

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 196,097 shares, a growth of 755.8% from the May 14th total of 22,914 shares. Based on an average daily trading volume, of 29,066 shares, the short-interest ratio is presently 6.7 days. Approximately 4.2% of the shares of the stock are sold short.

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

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its position in shares of Innovator U.S. Equity Buffer ETF – February by 376.6% during the third quarter. JPMorgan Chase & Co. now owns 17,704 shares of the company’s stock valued at $837,000 after purchasing an additional 13,989 shares in the last quarter. BCS Wealth Management grew its position in shares of Innovator U.S. Equity Buffer ETF – February by 87.0% during the fourth quarter. BCS Wealth Management now owns 27,398 shares of the company’s stock valued at $1,333,000 after purchasing an additional 12,744 shares in the last quarter. COFG Advisors LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – February during the fourth quarter valued at about $538,000. Ballast Rock Private Wealth LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – February during the fourth quarter valued at about $491,000. Finally, My Personal CFO LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – February during the fourth quarter valued at about $3,325,000.

Innovator U.S. Equity Buffer ETF – February Stock Performance

Shares of BFEB stock opened at $52.03 on Wednesday. Innovator U.S. Equity Buffer ETF – February has a 52-week low of $43.38 and a 52-week high of $52.86. The firm has a market capitalization of $243.50 million, a PE ratio of 24.25 and a beta of 0.63. The stock has a fifty day simple moving average of $50.98 and a two-hundred day simple moving average of $49.57.

About Innovator U.S. Equity Buffer ETF – February

The Innovator S&P 500 Buffer ETF – February (BFEB) 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. BFEB was launched on Feb 3, 2020 and is managed by Innovator.