Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Short Interest Update

Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 915 shares, a decrease of 34.3% from the June 15th total of 1,392 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,270 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Innovator Buffer Step-Up Strategy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSTP. Cetera Investment Advisers acquired a new position in Innovator Buffer Step-Up Strategy ETF during the first quarter worth $2,288,000. FSA Advisors Inc. boosted its stake in Innovator Buffer Step-Up Strategy ETF by 160.5% during the 4th quarter. FSA Advisors Inc. now owns 16,852 shares of the company’s stock valued at $626,000 after purchasing an additional 10,383 shares during the last quarter. OLD Mission Capital LLC boosted its stake in Innovator Buffer Step-Up Strategy ETF by 55.3% during the 4th quarter. OLD Mission Capital LLC now owns 21,618 shares of the company’s stock valued at $803,000 after purchasing an additional 7,701 shares during the last quarter. D.B. Root & Company LLC increased its holdings in Innovator Buffer Step-Up Strategy ETF by 2.8% during the 4th quarter. D.B. Root & Company LLC now owns 221,970 shares of the company’s stock worth $8,242,000 after purchasing an additional 6,138 shares in the last quarter. Finally, Captrust Financial Advisors bought a new stake in Innovator Buffer Step-Up Strategy ETF during the 2nd quarter worth approximately $206,000.

Innovator Buffer Step-Up Strategy ETF Stock Performance

Shares of Innovator Buffer Step-Up Strategy ETF stock opened at $39.49 on Friday. The stock has a market capitalization of $60.02 million, a PE ratio of 23.53 and a beta of 0.69. Innovator Buffer Step-Up Strategy ETF has a 52 week low of $34.59 and a 52 week high of $39.65. The stock has a 50 day moving average price of $39.15 and a two-hundred day moving average price of $37.91.

About Innovator Buffer Step-Up Strategy ETF

The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options. BSTP was launched on Mar 8, 2022 and is managed by Innovator.