Short Interest in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Declines By 91.1%

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,031 shares, a decrease of 91.1% from the April 30th total of 11,586 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 24,740 shares, the days-to-cover ratio is currently 0.0 days.

Innovator U.S. Equity Power Buffer ETF – September Price Performance

PSEP opened at $45.78 on Thursday. The firm has a market cap of $817.17 million, a P/E ratio of 25.05 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – September has a 1-year low of $39.45 and a 1-year high of $45.81. The company has a 50 day simple moving average of $44.48 and a two-hundred day simple moving average of $43.96.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – September

A number of hedge funds have recently modified their holdings of PSEP. Alliancebernstein L.P. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 2.6% during the third quarter. Alliancebernstein L.P. now owns 3,389,532 shares of the company’s stock worth $145,580,000 after acquiring an additional 84,571 shares during the last quarter. Penserra Capital Management LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,457,530 shares of the company’s stock worth $62,600,000 after acquiring an additional 23,815 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock worth $46,788,000 after acquiring an additional 1,069,542 shares during the last quarter. Citadel Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the third quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock worth $30,026,000 after acquiring an additional 690,308 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% during the third quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock worth $26,543,000 after acquiring an additional 596,924 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.