Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sees Significant Increase in Short Interest

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,924 shares, a growth of 250.0% from the July 15th total of 1,407 shares. Based on an average trading volume of 18,100 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

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

BATS:PNOV opened at $45.33 on Thursday. Innovator U.S. Equity Power Buffer ETF – November has a fifty-two week low of $40.09 and a fifty-two week high of $46.13. The stock’s 50-day moving average is $44.44 and its two-hundred day moving average is $43.12. The stock has a market cap of $765.17 million, a PE ratio of 24.05 and a beta of 0.45.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MML Investors Services LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 0.9% during the second quarter. MML Investors Services LLC now owns 69,455 shares of the company’s stock worth $2,745,000 after acquiring an additional 593 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in Innovator U.S. Equity Power Buffer ETF – November by 26.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,900 shares of the company’s stock valued at $121,000 after purchasing an additional 600 shares in the last quarter. Retirement Planning Group LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – November by 6.8% in the fourth quarter. Retirement Planning Group LLC now owns 10,164 shares of the company’s stock valued at $425,000 after purchasing an additional 648 shares in the last quarter. Sigma Planning Corp increased its position in Innovator U.S. Equity Power Buffer ETF – November by 10.8% in the 4th quarter. Sigma Planning Corp now owns 7,620 shares of the company’s stock worth $318,000 after purchasing an additional 740 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 6.6% in the 1st quarter. Jane Street Group LLC now owns 13,787 shares of the company’s stock worth $513,000 after purchasing an additional 848 shares during the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.