Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Short Interest Up 166.7% in May

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,136 shares, a growth of 166.7% from the May 14th total of 1,926 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 18,496 shares, the days-to-cover ratio is currently 0.3 days.

Innovator U.S. Equity Power Buffer ETF – August Trading Up 0.2%

Innovator U.S. Equity Power Buffer ETF – August stock traded up $0.08 during mid-day trading on Friday, hitting $45.33. 8,448 shares of the company’s stock were exchanged, compared to its average volume of 34,044. The stock has a market cap of $879.40 million, a P/E ratio of 24.79 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – August has a 1-year low of $39.33 and a 1-year high of $45.45. The stock has a 50 day moving average of $44.64 and a two-hundred day moving average of $43.74.

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

Several hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its position in Innovator U.S. Equity Power Buffer ETF – August by 15.4% during the second quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock worth $75,000 after buying an additional 248 shares during the last quarter. First Commonwealth Financial Corp PA increased its position in Innovator U.S. Equity Power Buffer ETF – August by 0.4% during the fourth quarter. First Commonwealth Financial Corp PA now owns 65,840 shares of the company’s stock worth $2,848,000 after buying an additional 259 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in Innovator U.S. Equity Power Buffer ETF – August by 13.1% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,375 shares of the company’s stock worth $101,000 after buying an additional 275 shares during the last quarter. NewEdge Advisors LLC increased its position in Innovator U.S. Equity Power Buffer ETF – August by 1.3% during the third quarter. NewEdge Advisors LLC now owns 20,758 shares of the company’s stock worth $882,000 after buying an additional 276 shares during the last quarter. Finally, Cornerstone Wealth Group LLC increased its position in Innovator U.S. Equity Power Buffer ETF – August by 0.9% during the fourth quarter. Cornerstone Wealth Group LLC now owns 33,118 shares of the company’s stock worth $1,432,000 after buying an additional 284 shares during the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.