Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) Shares Shorted: Short Interest Up 361.5% in September

Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 87,954 shares, a growth of 361.5% from the August 31st total of 19,058 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average trading volume of 104,619 shares, the short-interest ratio is presently 0.8 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in USEP. Sovran Advisors LLC boosted its holdings in Innovator U.S. Equity Ultra Buffer ETF – September by 4.6% during the first quarter. Sovran Advisors LLC now owns 559,701 shares of the company’s stock worth $22,673,000 after buying an additional 24,403 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 654.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 411,738 shares of the company’s stock valued at $17,017,000 after acquiring an additional 357,188 shares during the last quarter. KFG Wealth Management LLC increased its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 51.6% in the 2nd quarter. KFG Wealth Management LLC now owns 132,109 shares of the company’s stock valued at $5,794,000 after acquiring an additional 44,992 shares during the last quarter. Yarger Wealth Strategies LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 2nd quarter valued at approximately $4,240,000. Finally, Citadel Advisors LLC raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 418.3% in the 2nd quarter. Citadel Advisors LLC now owns 85,019 shares of the company’s stock valued at $3,835,000 after acquiring an additional 68,616 shares during the period.

Innovator U.S. Equity Ultra Buffer ETF – September Stock Up 0.3%

USEP stock opened at $42.23 on Friday. Innovator U.S. Equity Ultra Buffer ETF – September has a twelve month low of $38.06 and a twelve month high of $42.39. The company has a market cap of $153.29 million, a P/E ratio of 24.18 and a beta of 0.40. The business’s fifty day moving average is $41.88 and its 200-day moving average is $40.93.

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

(Get Free Report)

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) 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. USEP was launched on Sep 3, 2019 and is managed by Innovator.

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