Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Shares Shorted: Short Interest Down 68.6% in October

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 12,467 shares, a drop of 68.6% from the September 30th total of 39,659 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 26,104 shares, the short-interest ratio is presently 0.5 days.

Innovator U.S. Equity Power Buffer ETF – November Stock Up 0.4%

Shares of Innovator U.S. Equity Power Buffer ETF – November stock opened at $46.39 on Thursday. The business has a 50-day moving average price of $45.68 and a 200 day moving average price of $43.76. Innovator U.S. Equity Power Buffer ETF – November has a fifty-two week low of $40.09 and a fifty-two week high of $46.39. The firm has a market cap of $783.06 million, a P/E ratio of 24.05 and a beta of 0.45.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Lotus Asset Management LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – November in the second quarter valued at approximately $201,000. HB Wealth Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the second quarter valued at approximately $269,000. First Heartland Consultants Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the third quarter valued at approximately $277,000. Sigma Planning Corp acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November during the 3rd quarter worth approximately $279,000. Finally, Weaver Consulting Group raised its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 4.5% during the 3rd quarter. Weaver Consulting Group now owns 7,221 shares of the company’s stock worth $329,000 after purchasing an additional 309 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.