Short Interest in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Rises By 1,277.6%

by · The Cerbat Gem

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP – Get Free Report) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 11,586 shares, an increase of 1,277.6% from the April 15th total of 841 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 22,975 shares, the short-interest ratio is currently 0.5 days.

Innovator U.S. Equity Power Buffer ETF – September Stock Up 0.0%

PSEP traded up $0.01 during trading on Monday, reaching $45.45. The company’s stock had a trading volume of 35,185 shares, compared to its average volume of 48,265. The company has a market cap of $811.28 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The firm has a fifty day simple moving average of $43.98 and a two-hundred day simple moving average of $43.72. Innovator U.S. Equity Power Buffer ETF – September has a 1 year low of $39.18 and a 1 year high of $45.48.

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

Institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 2.6% during the third quarter. Alliancebernstein L.P. now owns 3,389,532 shares of the company’s stock worth $145,580,000 after buying an additional 84,571 shares during the last quarter. Penserra Capital Management LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,457,530 shares of the company’s stock worth $62,600,000 after acquiring an additional 23,815 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock worth $46,788,000 after acquiring an additional 1,069,542 shares during the last quarter. Citadel Advisors LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the 3rd quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock worth $30,026,000 after acquiring an additional 690,308 shares during the period. Finally, Susquehanna International Group LLP boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% during the 3rd quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock valued at $26,543,000 after acquiring an additional 596,924 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – September Company Profile

(Get Free Report)

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.

See Also