Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (BATS:EALT) Sees Significant Growth in Short Interest

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (BATS:EALT) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 56,989 shares, an increase of 333.0% from the April 30th total of 13,162 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average trading volume of 35,592 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly

A number of hedge funds have recently added to or reduced their stakes in EALT. CWM LLC lifted its holdings in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 8.4% in the fourth quarter. CWM LLC now owns 503,121 shares of the company’s stock valued at $17,755,000 after buying an additional 38,915 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 178.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 334,716 shares of the company’s stock worth $11,812,000 after purchasing an additional 214,527 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 11.1% in the fourth quarter. Orion Porfolio Solutions LLC now owns 260,189 shares of the company’s stock valued at $9,182,000 after acquiring an additional 26,048 shares during the last quarter. Mutual Advisors LLC boosted its stake in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 5.4% in the fourth quarter. Mutual Advisors LLC now owns 258,872 shares of the company’s stock valued at $9,136,000 after acquiring an additional 13,156 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly by 9.8% in the first quarter. Brookstone Capital Management now owns 215,855 shares of the company’s stock valued at $7,251,000 after acquiring an additional 19,342 shares during the last quarter.

Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly Stock Down 0.1%

Shares of EALT traded down $0.03 during mid-day trading on Friday, hitting $35.59. 22,121 shares of the company’s stock were exchanged, compared to its average volume of 32,409. Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly has a 52 week low of $31.70 and a 52 week high of $36.15. The stock’s 50-day simple moving average is $34.83 and its 200-day simple moving average is $35.18. The firm has a market cap of $136.31 million, a price-to-earnings ratio of 24.37 and a beta of 0.63.

About Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly

The Innovator U.S. Equity 5 to 15 Buffer ETF – Quarterly (EALT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 5-15% decline. The fund resets its buffer and cap levels every three months EALT was launched on Sep 30, 2023 and is issued by Innovator.