Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) Short Interest Update

Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 19,320 shares, a drop of 44.1% from the May 14th total of 34,580 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 37,099 shares, the days-to-cover ratio is currently 0.5 days.

Innovator U.S. Equity Ultra Buffer ETF – March Trading Up 0.6%

UMAR stock opened at $42.23 on Tuesday. The business’s fifty day moving average price is $41.54 and its 200 day moving average price is $40.57. Innovator U.S. Equity Ultra Buffer ETF – March has a 12-month low of $36.80 and a 12-month high of $42.29. The company has a market capitalization of $219.60 million, a PE ratio of 25.05 and a beta of 0.34.

Institutional Trading of Innovator U.S. Equity Ultra Buffer ETF – March

A number of institutional investors and hedge funds have recently bought and sold shares of UMAR. Focus Partners Wealth purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – March during the first quarter worth about $469,000. Raymond James Financial Inc. increased its stake in Innovator U.S. Equity Ultra Buffer ETF – March by 126.0% during the second quarter. Raymond James Financial Inc. now owns 65,998 shares of the company’s stock worth $2,482,000 after purchasing an additional 36,798 shares during the period. Garden State Investment Advisory Services LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – March during the second quarter worth about $342,000. MML Investors Services LLC increased its stake in Innovator U.S. Equity Ultra Buffer ETF – March by 129.7% during the second quarter. MML Investors Services LLC now owns 16,569 shares of the company’s stock worth $623,000 after purchasing an additional 9,355 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – March during the third quarter worth about $190,000.

Innovator U.S. Equity Ultra Buffer ETF – March Company Profile

The Innovator S&P 500 Ultra Buffer ETF – March (UMAR) 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. UMAR was launched on Mar 2, 2020 and is managed by Innovator.