Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Up 166.1% in January

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 46,051 shares, a growth of 166.1% from the December 31st total of 17,309 shares. Approximately 2.6% of the company’s stock are short sold. Based on an average trading volume of 33,200 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 33,200 shares, the short-interest ratio is currently 1.4 days. Approximately 2.6% of the company’s stock are short sold.

Institutional Trading of Innovator U.S. Small Cap Managed Floor ETF

Large investors have recently added to or reduced their stakes in the business. Capital Investment Advisory Services LLC boosted its holdings in Innovator U.S. Small Cap Managed Floor ETF by 20.5% during the fourth quarter. Capital Investment Advisory Services LLC now owns 9,335 shares of the company’s stock valued at $266,000 after purchasing an additional 1,591 shares in the last quarter. Signaturefd LLC acquired a new position in Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter worth $349,000. Perigon Wealth Management LLC bought a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter valued at $213,000. Worth Financial Advisory Group LLC boosted its stake in shares of Innovator U.S. Small Cap Managed Floor ETF by 17.6% in the 4th quarter. Worth Financial Advisory Group LLC now owns 15,629 shares of the company’s stock valued at $445,000 after purchasing an additional 2,339 shares in the last quarter. Finally, Signal Advisors Wealth LLC grew its holdings in shares of Innovator U.S. Small Cap Managed Floor ETF by 6.3% in the 4th quarter. Signal Advisors Wealth LLC now owns 18,550 shares of the company’s stock worth $528,000 after purchasing an additional 1,092 shares during the last quarter.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

Shares of Innovator U.S. Small Cap Managed Floor ETF stock traded down $0.21 on Friday, reaching $29.32. 4,700 shares of the company were exchanged, compared to its average volume of 25,685. The firm has a market cap of $52.78 million, a price-to-earnings ratio of 15.96 and a beta of 1.29. Innovator U.S. Small Cap Managed Floor ETF has a 1-year low of $23.03 and a 1-year high of $33.43. The company’s 50-day moving average is $28.96 and its two-hundred day moving average is $27.84.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were given a dividend of $0.0626 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Wednesday, December 31st.

Innovator U.S. Small Cap Managed Floor ETF Company Profile

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.