Short Interest in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Drops By 84.6%

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 616 shares, a decline of 84.6% from the May 14th total of 4,012 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 50,778 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. NBC Securities Inc. lifted its holdings in Innovator U.S. Equity Power Buffer ETF – December by 99.0% during the 4th quarter. NBC Securities Inc. now owns 581 shares of the company’s stock worth $25,000 after buying an additional 289 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter valued at $35,000. Atlantic Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter valued at $38,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter valued at $37,000. Finally, Key Capital Management INC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter valued at $46,000.

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

Shares of PDEC opened at $45.18 on Thursday. The company has a market capitalization of $1.20 billion, a P/E ratio of 24.83 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – December has a one year low of $38.97 and a one year high of $45.98. The business’s 50 day simple moving average is $44.77 and its 200-day simple moving average is $43.83.

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

The Innovator U.S. Equity Power Buffer ETF – December (PDEC) 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. PDEC was launched on Dec 2, 2019 and is managed by Innovator.