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

Innovator U.S. Equity 10 Buffer ETF – Quarterly (BATS:ZALT) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 86,672 shares, a drop of 44.0% from the September 15th total of 154,831 shares. Based on an average daily trading volume, of 82,456 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Investors Weigh In On Innovator U.S. Equity 10 Buffer ETF – Quarterly

Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in Innovator U.S. Equity 10 Buffer ETF – Quarterly by 15.6% in the second quarter. NewEdge Advisors LLC now owns 636,780 shares of the company’s stock worth $21,568,000 after purchasing an additional 86,162 shares during the period. KFG Wealth Management LLC increased its stake in Innovator U.S. Equity 10 Buffer ETF – Quarterly by 113.8% during the second quarter. KFG Wealth Management LLC now owns 79,251 shares of the company’s stock valued at $2,684,000 after purchasing an additional 42,179 shares during the last quarter. Sovran Advisors LLC bought a new stake in Innovator U.S. Equity 10 Buffer ETF – Quarterly during the first quarter valued at $976,000. Summit Wealth Partners LLC acquired a new stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly during the first quarter worth $517,000. Finally, Macco Financial Group Inc. acquired a new stake in shares of Innovator U.S. Equity 10 Buffer ETF – Quarterly during the fourth quarter worth $3,613,000.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Stock Down 0.5%

BATS:ZALT opened at $34.58 on Friday. The company has a market cap of $547.40 million, a PE ratio of 24.29 and a beta of 0.29. The business’s 50 day moving average is $34.57 and its two-hundred day moving average is $33.96. Innovator U.S. Equity 10 Buffer ETF – Quarterly has a 52 week low of $31.70 and a 52 week high of $34.85.

Innovator U.S. Equity 10 Buffer ETF – Quarterly Company Profile

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.