Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) Sees Significant Decline in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 344 shares, a decrease of 79.1% from the June 30th total of 1,645 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,586 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Innovator U.S. Equity Ultra Buffer ETF – December

A number of hedge funds and other institutional investors have recently bought and sold shares of UDEC. Brookstone Capital Management lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 136.0% during the fourth quarter. Brookstone Capital Management now owns 1,875,251 shares of the company’s stock worth $74,335,000 after purchasing an additional 1,080,589 shares during the last quarter. Talon Private Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December during the first quarter valued at $35,988,000. Legacy Capital Wealth Management LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December during the fourth quarter valued at $8,548,000. Sovran Advisors LLC grew its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 1,152.0% in the first quarter. Sovran Advisors LLC now owns 139,430 shares of the company’s stock worth $5,692,000 after purchasing an additional 128,293 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 19.7% in the second quarter. Raymond James Financial Inc. now owns 460,973 shares of the company’s stock worth $16,798,000 after purchasing an additional 75,930 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – December Stock Performance

Shares of BATS UDEC opened at $41.69 on Friday. Innovator U.S. Equity Ultra Buffer ETF – December has a fifty-two week low of $36.50 and a fifty-two week high of $42.04. The company has a market cap of $470.26 million, a price-to-earnings ratio of 24.92 and a beta of 0.37. The business’s 50 day moving average price is $41.61 and its 200-day moving average price is $40.49.

About Innovator U.S. Equity Ultra Buffer ETF – December

The Innovator S&P 500 Ultra Buffer ETF – December (UDEC) 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. UDEC was launched on Dec 2, 2019 and is managed by Innovator.