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) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,645 shares, a decrease of 61.9% from the June 15th total of 4,318 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 139,780 shares, the days-to-cover ratio is currently 0.0 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – December during the 2nd quarter worth about $470,000. Raymond James Financial Inc. raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 19.7% in the 2nd quarter. Raymond James Financial Inc. now owns 460,973 shares of the company’s stock valued at $16,798,000 after acquiring an additional 75,930 shares during the period. Jane Street Group LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – December during the 2nd quarter worth approximately $1,883,000. Great Valley Advisor Group Inc. bought a new position in Innovator U.S. Equity Ultra Buffer ETF – December during the 2nd quarter worth approximately $267,000. Finally, Captrust Financial Advisors boosted its stake in Innovator U.S. Equity Ultra Buffer ETF – December by 13.7% during the 2nd quarter. Captrust Financial Advisors now owns 35,080 shares of the company’s stock worth $1,278,000 after acquiring an additional 4,230 shares during the last quarter.

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

BATS:UDEC opened at $41.97 on Monday. Innovator U.S. Equity Ultra Buffer ETF – December has a 12-month low of $36.34 and a 12-month high of $41.97. The stock’s fifty day simple moving average is $41.48 and its 200-day simple moving average is $40.34. The firm has a market capitalization of $473.42 million, a P/E ratio of 24.92 and a beta of 0.37.

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.