Short Interest in Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Expands By 802.5%

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 99,145 shares, a growth of 802.5% from the June 30th total of 10,985 shares. Based on an average trading volume of 14,077 shares, the days-to-cover ratio is currently 7.0 days. Approximately 2.1% of the company’s shares are sold short.

Institutional Trading of Innovator U.S. Equity Buffer ETF – February

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Brookstone Capital Management lifted its position in Innovator U.S. Equity Buffer ETF – February by 970.1% in the first quarter. Brookstone Capital Management now owns 689,839 shares of the company’s stock worth $32,907,000 after buying an additional 625,375 shares during the last quarter. GTS Financial LLC bought a new position in Innovator U.S. Equity Buffer ETF – February during the first quarter valued at $3,576,000. My Personal CFO LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – February in the fourth quarter valued at $3,325,000. Susquehanna International Group LLP purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – February in the third quarter valued at $2,159,000. Finally, TopTier Wealth Management LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – February in the fourth quarter valued at $2,170,000.

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

BATS:BFEB opened at $52.47 on Friday. The firm has a market capitalization of $245.56 million, a price-to-earnings ratio of 24.25 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – February has a 1 year low of $44.81 and a 1 year high of $53.07. The business has a 50 day simple moving average of $52.48 and a 200-day simple moving average of $50.54.

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.