Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) Sees Large Decrease in Short Interest

Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 59,212 shares, a decline of 58.4% from the July 30th total of 142,482 shares. Based on an average daily volume of 119,471 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On Innovator U.S. Equity 10 Buffer ETF – Quarterly

Institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in Innovator U.S. Equity 10 Buffer ETF – Quarterly by 250.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,476 shares of the company’s stock worth $48,000 after acquiring an additional 1,055 shares during the last quarter. Blue Trust Inc. bought a new position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly during the 1st quarter valued at approximately $87,000. Legacy Wealth Managment LLC ID purchased a new position in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly in the first quarter valued at $94,000. IFP Advisors Inc grew its holdings in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly by 22.2% in the fourth quarter. IFP Advisors Inc now owns 5,167 shares of the company’s stock valued at $168,000 after purchasing an additional 940 shares in the last quarter. Finally, IHT Wealth Management LLC bought a new stake in Innovator U.S. Equity 10 Buffer ETF – Quarterly in the fourth quarter worth $200,000.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Stock Up 0.2%

BATS ZALT opened at $34.55 on Friday. Innovator U.S. Equity 10 Buffer ETF – Quarterly has a twelve month low of $31.39 and a twelve month high of $34.58. The business has a 50-day moving average price of $34.11 and a 200-day moving average price of $33.49. The firm has a market cap of $546.93 million, a price-to-earnings ratio of 24.29 and a beta of 0.29.

About Innovator U.S. Equity 10 Buffer ETF – Quarterly

The Innovator U.S. Equity 10 Buffer ETF – Quarterly (ZALT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 10% decline. The fund resets its buffer and cap levels every three months ZALT was launched on Sep 30, 2023 and is issued by Innovator.