Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Sees Large Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 2,668 shares, a decline of 75.0% from the June 30th total of 10,657 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 28,412 shares, the days-to-cover ratio is presently 0.1 days.

Innovator U.S. Equity Power Buffer ETF – February Stock Performance

BATS:PFEB remained flat at $43.05 during mid-day trading on Friday. The company had a trading volume of 33,936 shares, compared to its average volume of 72,940. The company has a market cap of $1.01 billion, a PE ratio of 24.08 and a beta of 0.42. The company has a fifty day moving average of $42.96 and a 200 day moving average of $41.77. Innovator U.S. Equity Power Buffer ETF – February has a 12-month low of $38.17 and a 12-month high of $43.38.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Jessup Wealth Management Inc bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the 4th quarter valued at $61,000. Atlantic Private Wealth LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – February in the first quarter worth $69,000. JPMorgan Chase & Co. boosted its holdings in Innovator U.S. Equity Power Buffer ETF – February by 38.3% in the second quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock worth $165,000 after purchasing an additional 1,203 shares in the last quarter. AdvisorNet Financial Inc increased its position in Innovator U.S. Equity Power Buffer ETF – February by 465.9% during the first quarter. AdvisorNet Financial Inc now owns 4,527 shares of the company’s stock worth $182,000 after buying an additional 3,727 shares during the last quarter. Finally, TrustBank acquired a new position in Innovator U.S. Equity Power Buffer ETF – February during the fourth quarter worth $214,000.

Innovator U.S. Equity Power Buffer ETF – February Company Profile

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.