Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sees Significant Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 13,943 shares, a decrease of 47.1% from the August 15th total of 26,349 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 64,592 shares, the short-interest ratio is currently 0.2 days.

Innovator U.S. Equity Power Buffer ETF – March Stock Performance

Shares of BATS:PMAR opened at $48.63 on Wednesday. Innovator U.S. Equity Power Buffer ETF – March has a one year low of $43.59 and a one year high of $48.95. The stock has a fifty day moving average of $48.39 and a 200-day moving average of $47.17. The company has a market capitalization of $769.81 million, a PE ratio of 25.08 and a beta of 0.40.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Cornerstone Wealth LLC TN acquired a new position in Innovator U.S. Equity Power Buffer ETF – March during the first quarter valued at $4,348,000. Kestra Advisory Services LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – March by 40.5% in the 1st quarter. Kestra Advisory Services LLC now owns 255,499 shares of the company’s stock worth $11,400,000 after acquiring an additional 73,627 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – March during the 1st quarter worth about $3,316,000. BFI Wealth Solutions LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter worth about $1,880,000. Finally, Lido Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter valued at about $1,572,000.

About Innovator U.S. Equity Power Buffer ETF – March

The Innovator S&P 500 Power Buffer ETF – March (PMAR) 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. PMAR was launched on Mar 2, 2020 and is managed by Innovator.