Innovator Equity Defined Protection ETF – 1 Yr August (BATS:ZAUG) Short Interest Up 1,426.1% in August

Innovator Equity Defined Protection ETF – 1 Yr August (BATS:ZAUG) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 84,423 shares, a growth of 1,426.1% from the July 30th total of 5,532 shares. Based on an average daily trading volume, of 158,404 shares, the days-to-cover ratio is currently 0.5 days. Currently, 3.3% of the company’s shares are sold short.

Innovator Equity Defined Protection ETF – 1 Yr August Stock Performance

Shares of ZAUG traded up $0.03 during midday trading on Tuesday, hitting $27.89. The stock had a trading volume of 27,760 shares, compared to its average volume of 28,224. The business has a 50-day simple moving average of $27.66 and a two-hundred day simple moving average of $27.26. Innovator Equity Defined Protection ETF – 1 Yr August has a fifty-two week low of $25.81 and a fifty-two week high of $28.01.

Hedge Funds Weigh In On Innovator Equity Defined Protection ETF – 1 Yr August

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Innovator Equity Defined Protection ETF – 1 Yr August by 753.5% in the fourth quarter. CWM LLC now owns 973 shares of the company’s stock valued at $26,000 after purchasing an additional 859 shares in the last quarter. TopTier Wealth Management LLC purchased a new stake in Innovator Equity Defined Protection ETF – 1 Yr August in the 4th quarter worth about $212,000. Envestnet Asset Management Inc. purchased a new stake in Innovator Equity Defined Protection ETF – 1 Yr August in the 3rd quarter worth about $248,000. FSA Advisors Inc. boosted its position in Innovator Equity Defined Protection ETF – 1 Yr August by 25.2% during the 1st quarter. FSA Advisors Inc. now owns 13,277 shares of the company’s stock worth $354,000 after acquiring an additional 2,669 shares during the period. Finally, COFG Advisors LLC purchased a new position in Innovator Equity Defined Protection ETF – 1 Yr August during the 4th quarter valued at about $359,000.

About Innovator Equity Defined Protection ETF – 1 Yr August

The Innovator 1 Yr August (ZAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one year outcome period. The actively managed fund holds FLEX options to obtain exposure ZAUG was launched on Aug 1, 2024 and is issued by Innovator.