Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Sees Significant Increase in Short Interest

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,746 shares, a growth of 188.3% from the July 30th total of 1,646 shares. Based on an average daily volume of 1,680 shares, the days-to-cover ratio is currently 2.8 days. Approximately 0.8% of the shares of the company are sold short.

Innovator Equity Premium Income – Daily PutWrite ETF Stock Down 0.1%

Shares of Innovator Equity Premium Income – Daily PutWrite ETF stock traded down $0.03 during trading on Friday, reaching $28.73. The company’s stock had a trading volume of 63 shares, compared to its average volume of 3,694. Innovator Equity Premium Income – Daily PutWrite ETF has a 52 week low of $22.64 and a 52 week high of $29.93. The business’s 50-day moving average price is $28.36 and its 200-day moving average price is $27.84. The firm has a market cap of $17.24 million, a PE ratio of 25.67 and a beta of 0.55.

Institutional Investors Weigh In On Innovator Equity Premium Income – Daily PutWrite ETF

Several hedge funds have recently added to or reduced their stakes in SPUT. Kestra Advisory Services LLC bought a new stake in shares of Innovator Equity Premium Income – Daily PutWrite ETF in the 4th quarter valued at $43,000. Kingsview Wealth Management LLC acquired a new position in shares of Innovator Equity Premium Income – Daily PutWrite ETF during the fourth quarter worth approximately $250,000. Finally, Waverly Advisors LLC grew its holdings in shares of Innovator Equity Premium Income – Daily PutWrite ETF by 308.4% during the first quarter. Waverly Advisors LLC now owns 9,732 shares of the company’s stock valued at $258,000 after buying an additional 7,349 shares during the last quarter.

About Innovator Equity Premium Income – Daily PutWrite ETF

The Innovator Daily PutWrite ETF (SPUT) is an exchange-traded fund that mostly invests in large cap equity. The fund actively pursues exposure to US large-cap equities, while providing monthly income through a daily options put-writing strategy. SPUT was launched on Mar 14, 2025 and is issued by Innovator.