Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) Sees Large Decrease in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 344 shares, a decrease of 79.1% from the June 30th total of 1,645 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 6,586 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Innovator U.S. Equity Ultra Buffer ETF – December

Hedge funds have recently added to or reduced their stakes in the stock. Brookstone Capital Management boosted its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 136.0% during the fourth quarter. Brookstone Capital Management now owns 1,875,251 shares of the company’s stock valued at $74,335,000 after acquiring an additional 1,080,589 shares during the period. Talon Private Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the 1st quarter worth about $35,988,000. Legacy Capital Wealth Management LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the 4th quarter worth about $8,548,000. Sovran Advisors LLC lifted its position in Innovator U.S. Equity Ultra Buffer ETF – December by 1,152.0% in the 1st quarter. Sovran Advisors LLC now owns 139,430 shares of the company’s stock valued at $5,692,000 after purchasing an additional 128,293 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in Innovator U.S. Equity Ultra Buffer ETF – December by 19.7% in the 2nd quarter. Raymond James Financial Inc. now owns 460,973 shares of the company’s stock valued at $16,798,000 after purchasing an additional 75,930 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – December Trading Up 0.1%

Shares of BATS UDEC opened at $41.69 on Friday. Innovator U.S. Equity Ultra Buffer ETF – December has a 12-month low of $36.50 and a 12-month high of $42.04. The company has a market cap of $470.26 million, a price-to-earnings ratio of 24.92 and a beta of 0.37. The stock’s 50 day simple moving average is $41.61 and its 200 day simple moving average is $40.49.

Innovator U.S. Equity Ultra Buffer ETF – December Company Profile

The Innovator S&P 500 Ultra Buffer ETF – December (UDEC) 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. UDEC was launched on Dec 2, 2019 and is managed by Innovator.