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

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 15,885 shares, a growth of 58.0% from the November 30th total of 10,055 shares. Based on an average daily volume of 7,089 shares, the short-interest ratio is currently 2.2 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 7,089 shares, the short-interest ratio is currently 2.2 days.

Innovator International Developed Power Buffer ETF Stock Performance

IAUG traded up $0.01 during mid-day trading on Tuesday, reaching $28.60. The stock had a trading volume of 30,164 shares, compared to its average volume of 14,463. The stock has a market capitalization of $75.80 million, a P/E ratio of 16.25 and a beta of 0.20. Innovator International Developed Power Buffer ETF has a 52 week low of $23.94 and a 52 week high of $29.63. The firm’s fifty day simple moving average is $28.08 and its two-hundred day simple moving average is $27.73.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IAUG. Allworth Financial LP bought a new stake in shares of Innovator International Developed Power Buffer ETF during the 3rd quarter valued at $17,613,000. Americana Partners LLC grew its position in shares of Innovator International Developed Power Buffer ETF by 108.8% during the 3rd quarter. Americana Partners LLC now owns 153,540 shares of the company’s stock worth $4,280,000 after buying an additional 80,003 shares during the period. Bright Futures Wealth Management LLC. acquired a new stake in shares of Innovator International Developed Power Buffer ETF in the 3rd quarter valued at approximately $2,903,000. Corrado Advisors LLC boosted its stake in Innovator International Developed Power Buffer ETF by 98.5% during the 3rd quarter. Corrado Advisors LLC now owns 70,626 shares of the company’s stock worth $1,969,000 after acquiring an additional 35,041 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new position in Innovator International Developed Power Buffer ETF during the third quarter valued at approximately $1,780,000.

Innovator International Developed Power Buffer ETF Company Profile

The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.