Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Short Interest Down 38.2% in August

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 37,527 shares, a drop of 38.2% from the July 30th total of 60,728 shares. Based on an average daily volume of 20,061 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – April

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 0.6% in the second quarter. Alliancebernstein L.P. now owns 2,319,292 shares of the company’s stock valued at $86,486,000 after purchasing an additional 14,223 shares during the period. Raymond James Financial Inc. boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 20.2% during the second quarter. Raymond James Financial Inc. now owns 403,459 shares of the company’s stock worth $15,045,000 after purchasing an additional 67,796 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 2.1% during the first quarter. Janney Montgomery Scott LLC now owns 303,265 shares of the company’s stock worth $12,070,000 after purchasing an additional 6,138 shares in the last quarter. LPL Financial LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – April by 5.8% during the 4th quarter. LPL Financial LLC now owns 296,444 shares of the company’s stock worth $11,597,000 after purchasing an additional 16,317 shares during the last quarter. Finally, Focus Partners Wealth raised its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 699.8% in the fourth quarter. Focus Partners Wealth now owns 292,652 shares of the company’s stock valued at $11,449,000 after buying an additional 256,062 shares during the last quarter.

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

BATS PAPR traded down $0.07 during trading on Tuesday, hitting $42.92. The stock had a trading volume of 1,369 shares, compared to its average volume of 66,410. The stock has a market capitalization of $972.14 million, a price-to-earnings ratio of 24.09 and a beta of 0.43. Innovator U.S. Equity Power Buffer ETF – April has a one year low of $37.83 and a one year high of $43.07. The stock has a 50 day simple moving average of $42.52 and a 200 day simple moving average of $41.39.

About Innovator U.S. Equity Power Buffer ETF – April

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) 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. PAPR was launched on Apr 1, 2019 and is managed by Innovator.