Short Interest in Innovator U.S. Equity Buffer ETF – April (BATS:BAPR) Declines By 62.6%

Innovator U.S. Equity Buffer ETF – April (BATS:BAPR) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,342 shares, a drop of 62.6% from the May 31st total of 33,004 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 7,727 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Optima Capital LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – April in the 4th quarter valued at $29,000. Nalls Sherbakoff Group LLC acquired a new position in Innovator U.S. Equity Buffer ETF – April in the fourth quarter valued at approximately $76,000. JPMorgan Chase & Co. boosted its holdings in Innovator U.S. Equity Buffer ETF – April by 345.4% during the second quarter. JPMorgan Chase & Co. now owns 4,454 shares of the company’s stock worth $201,000 after buying an additional 3,454 shares in the last quarter. Safe Harbor Wealth Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – April during the 4th quarter valued at about $207,000. Finally, BFI Wealth Solutions LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – April in the fourth quarter valued at approximately $272,000.

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

Shares of BAPR stock opened at $52.67 on Friday. The firm has a market capitalization of $475.61 million, a price-to-earnings ratio of 24.26 and a beta of 0.61. The business has a fifty day moving average of $52.60 and a 200 day moving average of $49.91. Innovator U.S. Equity Buffer ETF – April has a 1 year low of $43.78 and a 1 year high of $53.34.

About Innovator U.S. Equity Buffer ETF – April

The Innovator S&P 500 Buffer ETF – April New (BAPR) 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. BAPR was launched on Apr 1, 2019 and is managed by Innovator.