Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Update

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 13,519 shares, a decrease of 37.1% from the February 26th total of 21,504 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 16,149 shares, the short-interest ratio is currently 0.8 days.

Innovator U.S. Small Cap Managed Floor ETF Trading Down 1.4%

RFLR stock traded down $0.41 during mid-day trading on Friday, hitting $28.75. 15,435 shares of the company were exchanged, compared to its average volume of 19,707. The company has a market capitalization of $53.19 million, a PE ratio of 15.96 and a beta of 1.29. Innovator U.S. Small Cap Managed Floor ETF has a twelve month low of $23.03 and a twelve month high of $33.43. The firm has a fifty day simple moving average of $29.39 and a 200 day simple moving average of $28.68.

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

The business also recently declared 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. 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%.

Hedge Funds Weigh In On Innovator U.S. Small Cap Managed Floor ETF

A number of hedge funds have recently bought and sold shares of the company. CoreCap Advisors LLC bought a new stake in Innovator U.S. Small Cap Managed Floor ETF in the third quarter valued at about $44,000. Triumph Capital Management acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the 3rd quarter worth approximately $72,000. Perigon Wealth Management LLC acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the 4th quarter worth approximately $213,000. Capital Investment Advisory Services LLC increased its holdings in shares of Innovator U.S. Small Cap Managed Floor ETF by 20.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 9,335 shares of the company’s stock valued at $266,000 after acquiring an additional 1,591 shares during the last quarter. Finally, COFG Advisors LLC acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 4th quarter valued at approximately $328,000.

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.