Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) Stock Short Interest Rises 320.0%

Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 5,225 shares, an increase of 320.0% from the September 30th total of 1,244 shares. Based on an average daily volume of 5,570 shares, the short-interest ratio is currently 0.9 days. Currently, 0.9% of the shares of the stock are sold short.

Hedge Funds Weigh In On Innovator Equity Premium Income – Daily PutWrite ETF

A hedge fund recently raised its stake in Innovator Equity Premium Income – Daily PutWrite ETF stock. Waverly Advisors LLC grew its stake in shares of Innovator Equity Premium Income – Daily PutWrite ETF (NYSEARCA:SPUT) by 308.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,732 shares of the company’s stock after purchasing an additional 7,349 shares during the quarter. Waverly Advisors LLC owned about 1.95% of Innovator Equity Premium Income – Daily PutWrite ETF worth $258,000 at the end of the most recent quarter.

Innovator Equity Premium Income – Daily PutWrite ETF Stock Up 0.0%

NYSEARCA:SPUT opened at $28.79 on Wednesday. The company’s 50 day moving average is $28.68 and its 200-day moving average is $27.96. The firm has a market cap of $17.27 million, a price-to-earnings ratio of 25.67 and a beta of 0.55. Innovator Equity Premium Income – Daily PutWrite ETF has a 12 month low of $26.08 and a 12 month high of $29.93.

Innovator Equity Premium Income – Daily PutWrite ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0816 per share. The ex-dividend date was Wednesday, September 30th. This is a decrease from Innovator Equity Premium Income – Daily PutWrite ETF’s previous monthly dividend of $0.1128. This represents a $0.98 dividend on an annualized basis and a dividend yield of 3.4%.

Innovator Equity Premium Income – Daily PutWrite ETF Company Profile

The Innovator Daily PutWrite ETF (SPUT) is an exchange-traded fund that mostly invests in large cap equity. The fund actively pursues exposure to US large-cap equities, while providing monthly income through a daily options put-writing strategy. SPUT was launched on Mar 14, 2025 and is issued by Innovator.