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

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 37,396 shares, a growth of 176.4% from the August 31st total of 13,530 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 18,038 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PFEB. Bullseye Investment Management LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February during the 2nd quarter valued at about $150,000. Capital Analysts LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – February by 0.9% in the second quarter. Capital Analysts LLC now owns 48,152 shares of the company’s stock worth $2,073,000 after buying an additional 439 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – February by 0.8% in the second quarter. NewEdge Advisors LLC now owns 34,064 shares of the company’s stock worth $1,467,000 after buying an additional 282 shares during the last quarter. Citadel Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – February during the second quarter valued at approximately $1,535,000. Finally, KFG Wealth Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – February by 1.8% during the second quarter. KFG Wealth Management LLC now owns 64,990 shares of the company’s stock valued at $2,798,000 after buying an additional 1,149 shares during the period.

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

PFEB stock opened at $44.11 on Tuesday. Innovator U.S. Equity Power Buffer ETF – February has a 1 year low of $39.26 and a 1 year high of $44.27. The company has a market cap of $1.03 billion, a P/E ratio of 24.08 and a beta of 0.42. The stock’s fifty day moving average price is $43.77 and its 200-day moving average price is $42.68.

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

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.