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

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

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

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

Innovator U.S. Equity Power Buffer ETF – September Price Performance

Shares of PSEP opened at $45.49 on Wednesday. The company has a market capitalization of $812.00 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – September has a 52 week low of $39.18 and a 52 week high of $45.49. The stock’s 50-day moving average price is $44.06 and its 200-day moving average price is $43.77.

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

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.