Short Interest in Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) Drops By 61.9%

Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,645 shares, a drop of 61.9% from the June 15th total of 4,318 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 139,780 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Innovator U.S. Equity Ultra Buffer ETF – December

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Spire Wealth Management lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 85.0% during the fourth quarter. Spire Wealth Management now owns 74,707 shares of the company’s stock worth $2,961,000 after purchasing an additional 34,316 shares in the last quarter. Brookstone Capital Management grew its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 136.0% in the fourth quarter. Brookstone Capital Management now owns 1,875,251 shares of the company’s stock worth $74,335,000 after acquiring an additional 1,080,589 shares in the last quarter. TrustBank acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the fourth quarter worth $864,000. Redwood Family Wealth LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the fourth quarter worth $573,000. Finally, Central Valley Advisors LLC increased its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 17.1% during the fourth quarter. Central Valley Advisors LLC now owns 91,451 shares of the company’s stock worth $3,625,000 after acquiring an additional 13,330 shares during the period.

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

Shares of UDEC opened at $41.87 on Tuesday. Innovator U.S. Equity Ultra Buffer ETF – December has a 1-year low of $36.34 and a 1-year high of $41.97. The stock has a market cap of $472.29 million, a PE ratio of 24.92 and a beta of 0.37. The firm has a 50-day simple moving average of $41.50 and a two-hundred day simple moving average of $40.36.

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

The Innovator S&P 500 Ultra Buffer ETF – December (UDEC) 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. UDEC was launched on Dec 2, 2019 and is managed by Innovator.