Short Interest in Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Drops By 58.0%

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,877 shares, a decrease of 58.0% from the May 14th total of 4,474 shares. Based on an average daily trading volume, of 117,481 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Brookstone Capital Management lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 971.4% during the 4th quarter. Brookstone Capital Management now owns 1,247,662 shares of the company’s stock worth $52,127,000 after purchasing an additional 1,131,213 shares during the period. Diligent Investors LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 95.5% in the fourth quarter. Diligent Investors LLC now owns 43,982 shares of the company’s stock valued at $1,838,000 after purchasing an additional 21,482 shares during the period. Focus Partners Advisor Solutions LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – November by 89.1% in the third quarter. Focus Partners Advisor Solutions LLC now owns 71,392 shares of the company’s stock valued at $2,963,000 after purchasing an additional 33,647 shares during the last quarter. Blue Water Asset Management acquired a new position in Innovator U.S. Equity Power Buffer ETF – November in the fourth quarter valued at $726,000. Finally, Chris Bulman Inc lifted its position in Innovator U.S. Equity Power Buffer ETF – November by 102.5% during the fourth quarter. Chris Bulman Inc now owns 42,067 shares of the company’s stock worth $1,758,000 after buying an additional 21,294 shares during the period.

Innovator U.S. Equity Power Buffer ETF – November Stock Performance

PNOV stock opened at $44.04 on Friday. The firm has a market cap of $743.40 million, a PE ratio of 24.05 and a beta of 0.45. The firm’s 50 day moving average price is $43.32 and its 200-day moving average price is $42.29. Innovator U.S. Equity Power Buffer ETF – November has a one year low of $38.67 and a one year high of $46.13.

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

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.