Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Sees Large Growth in Short Interest

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 20,019 shares, a growth of 1,252.6% from the June 30th total of 1,480 shares. Based on an average trading volume of 29,472 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

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

Innovator U.S. Equity Power Buffer ETF – December stock remained flat at $45.88 during mid-day trading on Friday. The company’s stock had a trading volume of 18,354 shares, compared to its average volume of 41,861. The business has a fifty day moving average of $45.79 and a two-hundred day moving average of $44.42. Innovator U.S. Equity Power Buffer ETF – December has a 1 year low of $40.10 and a 1 year high of $46.27. The company has a market capitalization of $1.22 billion, a P/E ratio of 24.83 and a beta of 0.48.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – December

A number of hedge funds have recently made changes to their positions in PDEC. William Mack & Associates Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter valued at about $203,000. MTM Financial Group LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – December by 0.8% during the first quarter. MTM Financial Group LLC now owns 50,204 shares of the company’s stock worth $2,134,000 after buying an additional 390 shares during the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in Innovator U.S. Equity Power Buffer ETF – December during the first quarter worth about $1,011,000. GTS Financial LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the first quarter worth approximately $5,406,000. Finally, Cornerstone Wealth LLC TN acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the first quarter worth approximately $300,000.

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

The Innovator U.S. Equity Power Buffer ETF – December (PDEC) 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. PDEC was launched on Dec 2, 2019 and is managed by Innovator.