Innovator Laddered Allocation Buffer ETF (BATS:BUFB) Short Interest Up 75.7% in May

Innovator Laddered Allocation Buffer ETF (BATS:BUFB) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 50,754 shares, an increase of 75.7% from the April 30th total of 28,885 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 63,593 shares, the short-interest ratio is currently 0.8 days.

Innovator Laddered Allocation Buffer ETF Price Performance

Innovator Laddered Allocation Buffer ETF stock opened at $39.21 on Thursday. The stock’s 50 day moving average is $37.87 and its 200 day moving average is $37.04. The firm has a market cap of $244.28 million, a P/E ratio of 24.89 and a beta of 0.70. Innovator Laddered Allocation Buffer ETF has a one year low of $32.75 and a one year high of $40.12.

Institutional Investors Weigh In On Innovator Laddered Allocation Buffer ETF

A number of institutional investors have recently modified their holdings of the company. Gilpin Wealth Management LLC acquired a new stake in Innovator Laddered Allocation Buffer ETF in the fourth quarter worth $26,000. Triumph Capital Management acquired a new stake in Innovator Laddered Allocation Buffer ETF in the 3rd quarter valued at $73,000. DHJJ Financial Advisors Ltd. increased its stake in Innovator Laddered Allocation Buffer ETF by 38.3% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 2,261 shares of the company’s stock valued at $83,000 after purchasing an additional 626 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in Innovator Laddered Allocation Buffer ETF during the 4th quarter valued at $209,000. Finally, COFG Advisors LLC acquired a new position in Innovator Laddered Allocation Buffer ETF during the fourth quarter worth $248,000.

Innovator Laddered Allocation Buffer ETF Company Profile

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.