Short Interest in Innovator Defined Wealth Shield ETF (BATS:BALT) Grows By 84.8%

Innovator Defined Wealth Shield ETF (BATS:BALT) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 155,075 shares, a growth of 84.8% from the June 15th total of 83,932 shares. Based on an average daily volume of 525,818 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are sold short.

Innovator Defined Wealth Shield ETF Stock Down 0.3%

Shares of Innovator Defined Wealth Shield ETF stock opened at $34.35 on Friday. The stock has a market cap of $1.60 billion, a PE ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 12 month low of $32.21 and a 12 month high of $34.46. The business has a fifty day simple moving average of $34.21 and a 200 day simple moving average of $33.87.

Hedge Funds Weigh In On Innovator Defined Wealth Shield ETF

A number of hedge funds have recently bought and sold shares of BALT. Bison Wealth LLC boosted its position in Innovator Defined Wealth Shield ETF by 73.5% during the fourth quarter. Bison Wealth LLC now owns 41,232 shares of the company’s stock valued at $1,296,000 after acquiring an additional 17,464 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth about $347,000. Jane Street Group LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth about $1,036,000. NewEdge Advisors LLC lifted its stake in shares of Innovator Defined Wealth Shield ETF by 105.2% in the 2nd quarter. NewEdge Advisors LLC now owns 97,208 shares of the company’s stock valued at $3,118,000 after purchasing an additional 49,841 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of Innovator Defined Wealth Shield ETF by 18.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 34,396 shares of the company’s stock valued at $1,103,000 after purchasing an additional 5,274 shares during the period.

About Innovator Defined Wealth Shield ETF

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.