Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) Sees Large Drop in Short Interest

Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 10,985 shares, a drop of 40.8% from the June 15th total of 18,551 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 4,837 shares, the short-interest ratio is presently 2.3 days.

Innovator U.S. Equity Buffer ETF – February Trading Up 0.2%

BATS:BFEB opened at $53.06 on Thursday. Innovator U.S. Equity Buffer ETF – February has a 12-month low of $44.81 and a 12-month high of $53.07. The firm has a market cap of $248.32 million, a PE ratio of 24.25 and a beta of 0.63. The stock has a fifty day moving average price of $52.38 and a 200 day moving average price of $50.36.

Institutional Investors Weigh In On Innovator U.S. Equity Buffer ETF – February

A number of hedge funds have recently bought and sold shares of the stock. Brookstone Capital Management grew its position in shares of Innovator U.S. Equity Buffer ETF – February by 970.1% during 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 in the last quarter. GTS Financial LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – February in the first quarter valued at approximately $3,576,000. Raymond James Financial Inc. lifted its stake in Innovator U.S. Equity Buffer ETF – February by 11.7% in the second quarter. Raymond James Financial Inc. now owns 74,595 shares of the company’s stock worth $3,331,000 after acquiring an additional 7,822 shares during the last quarter. My Personal CFO LLC lifted its stake in Innovator U.S. Equity Buffer ETF – February by 7.9% in the first quarter. My Personal CFO LLC now owns 73,685 shares of the company’s stock worth $3,515,000 after acquiring an additional 5,370 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Innovator U.S. Equity Buffer ETF – February by 2.0% during the 1st quarter. Cetera Investment Advisers now owns 62,064 shares of the company’s stock worth $2,961,000 after acquiring an additional 1,213 shares in the last quarter.

Innovator U.S. Equity Buffer ETF – February Company Profile

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.