Short Interest in Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Drops By 98.8%

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 403 shares, a drop of 98.8% from the June 15th total of 33,997 shares. Based on an average trading volume of 53,845 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Innovator U.S. Equity Power Buffer ETF – August Price Performance

Shares of PAUG traded up $0.04 on Friday, reaching $45.80. 91,100 shares of the stock traded hands, compared to its average volume of 37,131. The firm has a market cap of $888.52 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – August has a 12 month low of $40.62 and a 12 month high of $45.80. The stock’s 50-day moving average price is $45.31 and its 200-day moving average price is $44.12.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – August

A number of hedge funds and other institutional investors have recently made changes to their positions in PAUG. Alliancebernstein L.P. raised its position in Innovator U.S. Equity Power Buffer ETF – August by 28.3% in the third quarter. Alliancebernstein L.P. now owns 3,324,821 shares of the company’s stock worth $141,205,000 after purchasing an additional 733,172 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – August by 198.7% in the 4th quarter. Focus Partners Wealth now owns 566,642 shares of the company’s stock valued at $24,507,000 after purchasing an additional 376,961 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 36.7% in the 1st quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock worth $17,434,000 after buying an additional 109,537 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 2.0% during the 3rd quarter. Raymond James Financial Inc. now owns 326,263 shares of the company’s stock worth $13,856,000 after buying an additional 6,366 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 10.7% during the 4th quarter. LPL Financial LLC now owns 262,584 shares of the company’s stock worth $11,357,000 after buying an additional 25,389 shares during the period.

About Innovator U.S. Equity Power Buffer ETF – August

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.