Short Interest in Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) Drops By 34.6%

Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 54,891 shares, a drop of 34.6% from the August 15th total of 83,961 shares. Based on an average trading volume of 135,288 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – August

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. RFG Advisory LLC acquired a new stake in Innovator U.S. Equity Ultra Buffer ETF – August during the 2nd quarter valued at approximately $203,000. Talon Private Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the first quarter worth approximately $49,000. Cetera Investment Advisers increased its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 4.4% in the first quarter. Cetera Investment Advisers now owns 33,855 shares of the company’s stock worth $1,332,000 after buying an additional 1,413 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 7.8% in the first quarter. Kestra Advisory Services LLC now owns 67,587 shares of the company’s stock valued at $2,659,000 after acquiring an additional 4,903 shares in the last quarter. Finally, Broussard Financial Group LLC boosted its stake in Innovator U.S. Equity Ultra Buffer ETF – August by 4.6% during the 1st quarter. Broussard Financial Group LLC now owns 411,343 shares of the company’s stock valued at $16,184,000 after acquiring an additional 18,120 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – August Stock Up 0.0%

UAUG opened at $42.92 on Friday. The firm’s 50 day moving average is $42.74 and its 200-day moving average is $41.61. Innovator U.S. Equity Ultra Buffer ETF – August has a 52-week low of $38.69 and a 52-week high of $43.24. The firm has a market capitalization of $171.68 million, a P/E ratio of 24.31 and a beta of 0.43.

About Innovator U.S. Equity Ultra Buffer ETF – August

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.