Short Interest in Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) Declines By 56.2%

Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 506 shares, a decline of 56.2% from the May 14th total of 1,154 shares. Based on an average daily volume of 40,136 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

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

BATS UDEC opened at $41.37 on Friday. Innovator U.S. Equity Ultra Buffer ETF – December has a twelve month low of $35.49 and a twelve month high of $41.78. The stock has a market capitalization of $466.65 million, a PE ratio of 24.92 and a beta of 0.37. The stock has a 50-day simple moving average of $40.80 and a 200 day simple moving average of $40.02.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – December

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors increased its stake in Innovator U.S. Equity Ultra Buffer ETF – December by 11.1% during the first quarter. Arkadios Wealth Advisors now owns 13,539 shares of the company’s stock valued at $526,000 after acquiring an additional 1,357 shares during the period. Talon Private Wealth LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – December during the first quarter valued at about $35,988,000. Diversify Wealth Management LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – December during the first quarter valued at about $606,000. Sovran Advisors LLC increased its stake in Innovator U.S. Equity Ultra Buffer ETF – December by 1,152.0% during the first quarter. Sovran Advisors LLC now owns 139,430 shares of the company’s stock valued at $5,692,000 after acquiring an additional 128,293 shares during the period. Finally, Money Concepts Capital Corp increased its stake in Innovator U.S. Equity Ultra Buffer ETF – December by 190.1% during the first quarter. Money Concepts Capital Corp now owns 36,260 shares of the company’s stock valued at $1,408,000 after acquiring an additional 23,762 shares during the period.

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

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.