Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Short Interest Up 250.0% in July

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 4,924 shares, a growth of 250.0% from the July 15th total of 1,407 shares. Based on an average daily trading volume, of 18,100 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 0.1%

Shares of BATS:PNOV opened at $45.44 on Friday. The company has a fifty day simple moving average of $44.49 and a 200 day simple moving average of $43.16. The firm has a market cap of $767.03 million, a PE ratio of 24.05 and a beta of 0.45. Innovator U.S. Equity Power Buffer ETF – November has a 12-month low of $40.09 and a 12-month high of $46.13.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 3,526.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 710,849 shares of the company’s stock worth $29,699,000 after acquiring an additional 691,246 shares during the last quarter. Osaic Holdings Inc. lifted its position in Innovator U.S. Equity Power Buffer ETF – November by 28.2% in the 4th quarter. Osaic Holdings Inc. now owns 676,694 shares of the company’s stock valued at $28,272,000 after purchasing an additional 148,658 shares during the last quarter. Berkshire Money Management Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 4,944.0% during the 1st quarter. Berkshire Money Management Inc. now owns 598,778 shares of the company’s stock valued at $24,466,000 after purchasing an additional 586,907 shares during the period. Commonwealth Equity Services LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 21.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 496,549 shares of the company’s stock valued at $20,746,000 after purchasing an additional 88,523 shares during the period. Finally, Focus Partners Wealth boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 1,363.3% during the 4th quarter. Focus Partners Wealth now owns 429,536 shares of the company’s stock valued at $17,946,000 after purchasing an additional 400,183 shares during the period.

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

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.