Innovator Equity Defined Protection ETF – 1 Yr Nov (BATS:ZNOV) Sees Large Growth in Short Interest

Innovator Equity Defined Protection ETF – 1 Yr Nov (BATS:ZNOV) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 46,857 shares, an increase of 240.2% from the June 15th total of 13,775 shares. Currently, 2.7% of the company’s stock are short sold. Based on an average daily volume of 22,261 shares, the days-to-cover ratio is presently 2.1 days.

Innovator Equity Defined Protection ETF – 1 Yr Nov Price Performance

Shares of ZNOV opened at $27.53 on Monday. Innovator Equity Defined Protection ETF – 1 Yr Nov has a 52-week low of $25.87 and a 52-week high of $27.59. The stock has a 50 day moving average price of $27.37 and a 200 day moving average price of $26.99.

Institutional Investors Weigh In On Innovator Equity Defined Protection ETF – 1 Yr Nov

Several hedge funds and other institutional investors have recently bought and sold shares of ZNOV. NewEdge Advisors LLC boosted its stake in Innovator Equity Defined Protection ETF – 1 Yr Nov by 12.2% in the second quarter. NewEdge Advisors LLC now owns 134,695 shares of the company’s stock valued at $3,493,000 after acquiring an additional 14,623 shares in the last quarter. Orion Porfolio Solutions LLC grew its stake in Innovator Equity Defined Protection ETF – 1 Yr Nov by 10.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 43,935 shares of the company’s stock worth $1,139,000 after buying an additional 4,040 shares during the last quarter. Envestnet Asset Management Inc. purchased a new position in Innovator Equity Defined Protection ETF – 1 Yr Nov during the 3rd quarter worth approximately $383,000. Ausdal Financial Partners Inc. acquired a new position in Innovator Equity Defined Protection ETF – 1 Yr Nov during the third quarter worth approximately $283,000. Finally, Susquehanna International Group LLP purchased a new stake in Innovator Equity Defined Protection ETF – 1 Yr Nov in the third quarter valued at approximately $1,726,000.

About Innovator Equity Defined Protection ETF – 1 Yr Nov

The Innovator 1 Yr November (ZNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one year outcome period. The actively managed fund holds FLEX options to obtain exposure ZNOV was launched on Oct 31, 2024 and is issued by Innovator.