Innovator Defined Wealth Shield ETF (BATS:BALT) Shares Shorted: Short Interest Down 36.9% in October

Innovator Defined Wealth Shield ETF (BATS:BALT) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 239,102 shares, a drop of 36.9% from the September 30th total of 378,948 shares. Based on an average daily trading volume, of 681,729 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the company’s shares are short sold.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BATS BALT opened at $34.97 on Monday. Innovator Defined Wealth Shield ETF has a twelve month low of $32.79 and a twelve month high of $35.15. The stock has a fifty day simple moving average of $34.90 and a 200-day simple moving average of $34.22. The stock has a market capitalization of $1.62 billion, a PE ratio of 24.42 and a beta of 0.14.

Hedge Funds Weigh In On Innovator Defined Wealth Shield ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Noble Wealth Management PBC grew its position in Innovator Defined Wealth Shield ETF by 18.4% in the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after acquiring an additional 350 shares in the last quarter. Worth Asset Management LLC increased its stake in Innovator Defined Wealth Shield ETF by 2.3% during the second quarter. Worth Asset Management LLC now owns 16,336 shares of the company’s stock worth $560,000 after purchasing an additional 366 shares during the period. IFP Advisors Inc lifted its position in shares of Innovator Defined Wealth Shield ETF by 3.7% during the third quarter. IFP Advisors Inc now owns 11,136 shares of the company’s stock worth $389,000 after purchasing an additional 402 shares in the last quarter. Allworth Financial LP lifted its position in shares of Innovator Defined Wealth Shield ETF by 1.3% during the second quarter. Allworth Financial LP now owns 31,407 shares of the company’s stock worth $1,076,000 after purchasing an additional 403 shares in the last quarter. Finally, FC Advisory LLC boosted its stake in shares of Innovator Defined Wealth Shield ETF by 9.2% in the third quarter. FC Advisory LLC now owns 6,757 shares of the company’s stock valued at $236,000 after purchasing an additional 570 shares during the period.

Innovator Defined Wealth Shield ETF Company Profile

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.