Short Interest in Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Drops By 34.4%

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,734 shares, a decline of 34.4% from the May 14th total of 7,218 shares. Based on an average daily volume of 24,803 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Innovator U.S. Equity Power Buffer ETF – February Trading Up 0.7%

Shares of PFEB stock opened at $43.13 on Tuesday. Innovator U.S. Equity Power Buffer ETF – February has a 1-year low of $37.17 and a 1-year high of $43.15. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 24.08 and a beta of 0.42. The stock has a 50-day moving average of $42.26 and a 200-day moving average of $41.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PFEB. AQR Capital Management LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 43.7% during the first quarter. AQR Capital Management LLC now owns 21,778 shares of the company’s stock worth $780,000 after buying an additional 6,622 shares during the period. Focus Partners Wealth lifted its holdings in Innovator U.S. Equity Power Buffer ETF – February by 66.5% in the first quarter. Focus Partners Wealth now owns 37,447 shares of the company’s stock valued at $1,341,000 after buying an additional 14,950 shares during the period. JPMorgan Chase & Co. boosted its position in Innovator U.S. Equity Power Buffer ETF – February by 38.3% during the second quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock valued at $165,000 after acquiring an additional 1,203 shares during the last quarter. Cerity Partners LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – February by 23.1% during the 2nd quarter. Cerity Partners LLC now owns 26,640 shares of the company’s stock worth $1,013,000 after acquiring an additional 5,000 shares during the period. Finally, MML Investors Services LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – February by 5.0% during the 2nd quarter. MML Investors Services LLC now owns 72,669 shares of the company’s stock worth $2,762,000 after acquiring an additional 3,449 shares during the period.

Innovator U.S. Equity Power Buffer ETF – February Company Profile

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.