Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) Sees Large Increase in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 9,445 shares, an increase of 944,400.0% from the April 15th total of 1 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 7,529 shares, the short-interest ratio is presently 1.3 days.

Innovator U.S. Equity Ultra Buffer ETF – September Stock Performance

BATS USEP traded up $0.02 during trading on Monday, hitting $40.81. The stock had a trading volume of 14,384 shares, compared to its average volume of 29,389. The stock has a market capitalization of $148.14 million, a price-to-earnings ratio of 24.18 and a beta of 0.40. Innovator U.S. Equity Ultra Buffer ETF – September has a one year low of $35.17 and a one year high of $40.89. The stock has a 50 day simple moving average of $39.50 and a 200 day simple moving average of $39.32.

Institutional Trading of Innovator U.S. Equity Ultra Buffer ETF – September

Several institutional investors have recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 1.8% in the fourth quarter. Brookstone Capital Management now owns 1,618,090 shares of the company’s stock worth $63,641,000 after purchasing an additional 28,105 shares during the last quarter. Sovran Advisors LLC grew its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 3.4% in the 3rd quarter. Sovran Advisors LLC now owns 621,789 shares of the company’s stock worth $24,210,000 after acquiring an additional 20,722 shares in the last quarter. Osaic Holdings Inc. grew its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 0.4% in the 4th quarter. Osaic Holdings Inc. now owns 97,704 shares of the company’s stock worth $3,843,000 after acquiring an additional 343 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 93,684 shares of the company’s stock worth $3,685,000 after acquiring an additional 2,077 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 3.4% in the 4th quarter. Cetera Investment Advisers now owns 67,554 shares of the company’s stock worth $2,657,000 after acquiring an additional 2,217 shares in the last quarter.

About Innovator U.S. Equity Ultra Buffer ETF – September

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