Innovator Laddered Allocation Buffer ETF (BATS:BUFB) Sees Significant Decrease in Short Interest

Innovator Laddered Allocation Buffer ETF (BATS:BUFB) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 34,601 shares, a decline of 40.1% from the May 31st total of 57,739 shares. Based on an average trading volume of 53,355 shares, the short-interest ratio is presently 0.6 days. Currently, 0.6% of the company’s shares are short sold.

Innovator Laddered Allocation Buffer ETF Trading Up 0.6%

Shares of BUFB stock opened at $39.31 on Wednesday. The company’s 50-day moving average price is $38.79 and its 200-day moving average price is $37.44. The stock has a market cap of $244.90 million, a price-to-earnings ratio of 24.89 and a beta of 0.70. Innovator Laddered Allocation Buffer ETF has a twelve month low of $33.72 and a twelve month high of $40.12.

Hedge Funds Weigh In On Innovator Laddered Allocation Buffer ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Heritage Wealth Management Inc. lifted its stake in Innovator Laddered Allocation Buffer ETF by 40.5% in the fourth quarter. Heritage Wealth Management Inc. now owns 68,843 shares of the company’s stock worth $2,522,000 after acquiring an additional 19,857 shares during the last quarter. HighTower Advisors LLC boosted its stake in Innovator Laddered Allocation Buffer ETF by 8.7% in the fourth quarter. HighTower Advisors LLC now owns 275,965 shares of the company’s stock valued at $10,110,000 after acquiring an additional 22,159 shares in the last quarter. Capital Wealth Management LLC boosted its position in shares of Innovator Laddered Allocation Buffer ETF by 11.6% in the 4th quarter. Capital Wealth Management LLC now owns 191,320 shares of the company’s stock valued at $7,009,000 after purchasing an additional 19,923 shares during the period. Columbia Advisory Partners LLC boosted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 86.7% in the fourth quarter. Columbia Advisory Partners LLC now owns 141,548 shares of the company’s stock valued at $5,186,000 after acquiring an additional 65,739 shares during the period. Finally, GWN Securities Inc. boosted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 24.3% in the fourth quarter. GWN Securities Inc. now owns 216,226 shares of the company’s stock valued at $7,921,000 after acquiring an additional 42,267 shares during the period.

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.