Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sees Large Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 158 shares, a drop of 99.6% from the August 31st total of 38,897 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 20,453 shares, the short-interest ratio is currently 0.0 days.

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

Shares of BATS PNOV opened at $45.79 on Friday. The stock has a market cap of $772.94 million, a P/E ratio of 24.05 and a beta of 0.45. The firm has a 50 day moving average price of $45.18 and a 200 day moving average price of $43.87. Innovator U.S. Equity Power Buffer ETF – November has a 52-week low of $40.09 and a 52-week high of $46.13.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Berkshire Money Management Inc. grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 4,944.0% in the 1st quarter. Berkshire Money Management Inc. now owns 598,778 shares of the company’s stock valued at $24,466,000 after buying an additional 586,907 shares during the period. Foundations Investment Advisors LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – November by 807.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 347,940 shares of the company’s stock worth $14,537,000 after buying an additional 309,616 shares during the period. Lido Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November during the 4th quarter worth $7,945,000. Bellwether Advisors LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – November by 41.1% during the fourth quarter. Bellwether Advisors LLC now owns 135,200 shares of the company’s stock worth $5,649,000 after acquiring an additional 39,374 shares in the last quarter. Finally, Gill Capital Partners LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – November by 10.1% during the fourth quarter. Gill Capital Partners LLC now owns 104,976 shares of the company’s stock worth $4,386,000 after acquiring an additional 9,637 shares in the last quarter.

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

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.