Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Short Interest Down 63.6% in May

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 5,180 shares, a decrease of 63.6% from the April 30th total of 14,220 shares. Based on an average daily volume of 8,470 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in UAUG. Broussard Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the 4th quarter worth approximately $15,697,000. Raymond James Financial Inc. grew its position in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 417.3% during the 3rd quarter. Raymond James Financial Inc. now owns 286,285 shares of the company’s stock worth $11,253,000 after purchasing an additional 230,944 shares in the last quarter. NewCorp Financial Services Inc. acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the 4th quarter worth approximately $2,297,000. Clearstead Advisors LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the 3rd quarter worth approximately $1,392,000. Finally, Brookstone Capital Management grew its position in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 1.6% during the 4th quarter. Brookstone Capital Management now owns 1,675,549 shares of the company’s stock worth $66,888,000 after purchasing an additional 26,690 shares in the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – August Price Performance

Shares of BATS:UAUG opened at $41.86 on Monday. The company’s 50 day moving average price is $40.72 and its two-hundred day moving average price is $40.21. Innovator U.S. Equity Ultra Buffer ETF – August has a 12-month low of $35.75 and a 12-month high of $41.89. The firm has a market cap of $167.44 million, a PE ratio of 24.31 and a beta of 0.43.

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

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