Short Interest in Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) Declines By 44.1%

Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 19,320 shares, a decline of 44.1% from the May 14th total of 34,580 shares. Based on an average daily trading volume, of 37,099 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – March in the 4th quarter valued at about $60,000. WealthShield Partners LLC lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – March by 85.8% in the 1st quarter. WealthShield Partners LLC now owns 3,345 shares of the company’s stock valued at $133,000 after purchasing an additional 1,545 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – March by 22.6% in the 4th quarter. Aptus Capital Advisors LLC now owns 4,475 shares of the company’s stock valued at $179,000 after purchasing an additional 825 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – March in the 3rd quarter valued at about $190,000. Finally, Three Seasons Wealth LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – March in the 1st quarter valued at about $207,000.

Innovator U.S. Equity Ultra Buffer ETF – March Stock Up 0.3%

Innovator U.S. Equity Ultra Buffer ETF – March stock opened at $41.99 on Friday. The firm has a market capitalization of $218.35 million, a PE ratio of 25.05 and a beta of 0.34. The firm’s 50-day simple moving average is $41.49 and its 200 day simple moving average is $40.54. Innovator U.S. Equity Ultra Buffer ETF – March has a 52 week low of $36.78 and a 52 week high of $42.29.

Innovator U.S. Equity Ultra Buffer ETF – March Company Profile

The Innovator S&P 500 Ultra Buffer ETF – March (UMAR) 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. UMAR was launched on Mar 2, 2020 and is managed by Innovator.