Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Short Interest Update

Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 18,666 shares, a growth of 24.7% from the December 31st total of 14,974 shares. Based on an average trading volume of 4,537 shares, the days-to-cover ratio is presently 4.1 days. Currently, 1.2% of the company’s shares are short sold. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 4,537 shares, the days-to-cover ratio is presently 4.1 days.

Institutional Investors Weigh In On Innovator Buffer Step-Up Strategy ETF

Several large investors have recently modified their holdings of the company. Assetmark Inc. acquired a new position in Innovator Buffer Step-Up Strategy ETF in the third quarter valued at $47,000. Allworth Financial LP raised its position in shares of Innovator Buffer Step-Up Strategy ETF by 70.6% in the 3rd quarter. Allworth Financial LP now owns 2,054 shares of the company’s stock worth $75,000 after acquiring an additional 850 shares in the last quarter. Captrust Financial Advisors acquired a new position in shares of Innovator Buffer Step-Up Strategy ETF in the 2nd quarter valued at about $206,000. FSA Advisors Inc. boosted its position in shares of Innovator Buffer Step-Up Strategy ETF by 160.5% during the 4th quarter. FSA Advisors Inc. now owns 16,852 shares of the company’s stock valued at $626,000 after purchasing an additional 10,383 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC boosted its position in shares of Innovator Buffer Step-Up Strategy ETF by 7.3% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 18,506 shares of the company’s stock valued at $673,000 after purchasing an additional 1,256 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Trading Down 0.4%

BSTP stock traded down $0.16 during trading on Tuesday, hitting $37.47. The company had a trading volume of 819 shares, compared to its average volume of 5,774. The stock has a market cap of $56.95 million, a PE ratio of 23.53 and a beta of 0.71. The business has a 50-day moving average of $37.21 and a 200-day moving average of $36.40. Innovator Buffer Step-Up Strategy ETF has a one year low of $29.54 and a one year high of $38.13.

About Innovator Buffer Step-Up Strategy ETF

The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options. BSTP was launched on Mar 8, 2022 and is managed by Innovator.