Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Sees Large Increase in Short Interest

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 21,162 shares, a growth of 44.2% from the November 30th total of 14,678 shares. Based on an average trading volume of 18,378 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 18,378 shares, the days-to-cover ratio is presently 1.2 days.

Innovator International Developed Power Buffer ETF – October Trading Down 0.1%

NYSEARCA:IOCT traded down $0.04 during trading hours on Monday, hitting $34.92. 9,883 shares of the stock traded hands, compared to its average volume of 46,524. The firm has a 50 day moving average price of $34.36 and a 200 day moving average price of $33.68. The firm has a market cap of $197.30 million, a price-to-earnings ratio of 17.05 and a beta of 0.45. Innovator International Developed Power Buffer ETF – October has a fifty-two week low of $28.73 and a fifty-two week high of $34.97.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF – October

Institutional investors and hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Innovator International Developed Power Buffer ETF – October in the first quarter worth approximately $30,000. MAI Capital Management lifted its position in Innovator International Developed Power Buffer ETF – October by 531.6% in the 1st quarter. MAI Capital Management now owns 14,754 shares of the company’s stock worth $452,000 after buying an additional 12,418 shares in the last quarter. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Innovator International Developed Power Buffer ETF – October during the 1st quarter valued at $1,798,000. SageView Advisory Group LLC boosted its stake in shares of Innovator International Developed Power Buffer ETF – October by 63.5% during the 1st quarter. SageView Advisory Group LLC now owns 68,101 shares of the company’s stock valued at $2,087,000 after buying an additional 26,437 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – October during the 1st quarter valued at $220,000.

About Innovator International Developed Power Buffer ETF – October

The Innovator International Developed Power Buffer ETF – October (IOCT) is an exchange-traded fund that is based on the MSCI EAFE index. The fund aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral. IOCT was launched on Oct 1, 2021 and is managed by Innovator.