Short Interest in Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Grows By 44.4%

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 21,504 shares, an increase of 44.4% from the February 12th total of 14,897 shares. Based on an average trading volume of 16,442 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.2% of the company’s shares are sold short. Currently, 1.2% of the company’s shares are sold short. Based on an average trading volume of 16,442 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On Innovator U.S. Small Cap Managed Floor ETF

Institutional investors have recently added to or reduced their stakes in the company. Liberty Atlantic Advisors LLC bought a new stake in Innovator U.S. Small Cap Managed Floor ETF in the 4th quarter worth $4,220,000. Winnow Wealth LLC raised its stake in shares of Innovator U.S. Small Cap Managed Floor ETF by 30.3% during the fourth quarter. Winnow Wealth LLC now owns 114,981 shares of the company’s stock valued at $3,334,000 after acquiring an additional 26,710 shares during the last quarter. CreativeOne Wealth LLC purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter worth about $1,190,000. NewCorp Financial Services Inc. bought a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the fourth quarter worth about $1,016,000. Finally, Rothschild Wealth LLC grew its stake in shares of Innovator U.S. Small Cap Managed Floor ETF by 99.9% in the fourth quarter. Rothschild Wealth LLC now owns 34,103 shares of the company’s stock worth $971,000 after purchasing an additional 17,039 shares during the last quarter.

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

Innovator U.S. Small Cap Managed Floor ETF stock traded down $0.07 during trading hours on Friday, reaching $28.57. The company had a trading volume of 11,433 shares, compared to its average volume of 22,364. Innovator U.S. Small Cap Managed Floor ETF has a 12-month low of $23.03 and a 12-month high of $33.43. The company has a 50-day moving average price of $29.49 and a 200 day moving average price of $28.56. The firm has a market cap of $52.85 million, a price-to-earnings ratio of 15.96 and a beta of 1.29.

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

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

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.