Innovator U.S. Equity Buffer ETF – March (BATS:BMAR) Sees Large Growth in Short Interest

Innovator U.S. Equity Buffer ETF – March (BATS:BMAR) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 89,375 shares, a growth of 457.8% from the June 30th total of 16,023 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily volume of 12,613 shares, the short-interest ratio is currently 7.1 days.

Innovator U.S. Equity Buffer ETF – March Stock Performance

BATS:BMAR opened at $57.44 on Friday. The firm’s fifty day moving average is $57.43 and its two-hundred day moving average is $55.24. The firm has a market cap of $254.46 million, a price-to-earnings ratio of 24.24 and a beta of 0.59. Innovator U.S. Equity Buffer ETF – March has a one year low of $49.23 and a one year high of $58.06.

Institutional Trading of Innovator U.S. Equity Buffer ETF – March

A number of hedge funds have recently modified their holdings of the stock. Kestra Advisory Services LLC grew its holdings in Innovator U.S. Equity Buffer ETF – March by 118.7% during the first quarter. Kestra Advisory Services LLC now owns 67,045 shares of the company’s stock worth $3,519,000 after acquiring an additional 36,392 shares during the period. Raymond James Financial Inc. lifted its holdings in Innovator U.S. Equity Buffer ETF – March by 11.1% in the third quarter. Raymond James Financial Inc. now owns 62,793 shares of the company’s stock valued at $3,240,000 after acquiring an additional 6,261 shares during the period. My Personal CFO LLC acquired a new position in Innovator U.S. Equity Buffer ETF – March in the fourth quarter valued at approximately $2,562,000. Cetera Investment Advisers boosted its position in Innovator U.S. Equity Buffer ETF – March by 2.5% in the 1st quarter. Cetera Investment Advisers now owns 40,265 shares of the company’s stock worth $2,113,000 after purchasing an additional 975 shares in the last quarter. Finally, Beacon Pointe Advisors LLC boosted its position in Innovator U.S. Equity Buffer ETF – March by 99.5% in the 4th quarter. Beacon Pointe Advisors LLC now owns 32,829 shares of the company’s stock worth $1,742,000 after purchasing an additional 16,376 shares in the last quarter.

About Innovator U.S. Equity Buffer ETF – March

The Innovator S&P 500 Buffer ETF – March (BMAR) 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. BMAR was launched on Mar 2, 2020 and is managed by Innovator.