Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) Stock Short Interest Falls 73.2%

by · The Cerbat Gem

Innovator U.S. Equity Buffer ETF – August (BATS:BAUG – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 14,896 shares, a drop of 73.2% from the August 31st total of 55,617 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 8,717 shares, the days-to-cover ratio is presently 1.7 days.

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

Shares of BATS BAUG opened at $55.66 on Friday. Innovator U.S. Equity Buffer ETF – August has a one year low of $47.71 and a one year high of $55.74. The business’s 50-day moving average price is $55.01 and its two-hundred day moving average price is $53.01. The company has a market capitalization of $194.81 million, a P/E ratio of 24.96 and a beta of 0.68.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Motiv8 Investments LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – August in the 4th quarter worth about $84,000. Rothschild Wealth LLC bought a new position in shares of Innovator U.S. Equity Buffer ETF – August during the fourth quarter worth about $203,000. GTS Financial LLC acquired a new position in Innovator U.S. Equity Buffer ETF – August in the first quarter valued at $247,000. BFI Wealth Solutions LLC bought a new position in shares of Innovator U.S. Equity Buffer ETF – August during the 4th quarter worth approximately $300,000. Finally, Fortune Financial Group Inc. bought a new position in shares of Innovator U.S. Equity Buffer ETF – August during the 4th quarter worth about $503,000.

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

(Get Free Report)

The Innovator U.S. Equity Buffer ETF – August (BAUG) is an exchange-traded fund that is based on the S&P 500 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. BAUG was launched on Aug 1, 2019 and is managed by Innovator.

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