Short Interest in Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) Declines By 43.9%

Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 21,529 shares, a drop of 43.9% from the April 30th total of 38,380 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 83,144 shares, the short-interest ratio is currently 0.3 days.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Trading Down 0.1%

Innovator U.S. Equity 10 Buffer ETF – Quarterly stock opened at $33.74 on Thursday. The stock has a market cap of $534.10 million, a price-to-earnings ratio of 24.29 and a beta of 0.29. The company’s 50-day moving average price is $33.28 and its two-hundred day moving average price is $32.84. Innovator U.S. Equity 10 Buffer ETF – Quarterly has a 52 week low of $30.55 and a 52 week high of $33.79.

Hedge Funds Weigh In On Innovator U.S. Equity 10 Buffer ETF – Quarterly

Several large investors have recently made changes to their positions in ZALT. Wealthquest Corp lifted its stake in Innovator U.S. Equity 10 Buffer ETF – Quarterly by 50.3% during the first quarter. Wealthquest Corp now owns 4,662,358 shares of the company’s stock valued at $151,340,000 after buying an additional 1,559,326 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 58.0% in the second quarter. Raymond James Financial Inc. now owns 655,353 shares of the company’s stock worth $20,185,000 after purchasing an additional 240,537 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly in the fourth quarter worth approximately $6,674,000. Captrust Financial Advisors lifted its position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 21.4% in the third quarter. Captrust Financial Advisors now owns 897,311 shares of the company’s stock worth $28,606,000 after purchasing an additional 157,948 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 109.1% in the fourth quarter. MML Investors Services LLC now owns 258,554 shares of the company’s stock worth $8,421,000 after purchasing an additional 134,876 shares in the last quarter.

About Innovator U.S. Equity 10 Buffer ETF – Quarterly

The Innovator U.S. Equity 10 Buffer ETF – Quarterly (ZALT) 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 10% decline. The fund resets its buffer and cap levels every three months ZALT was launched on Sep 30, 2023 and is issued by Innovator.