Short Interest in Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Grows By 46.6%

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,434 shares, an increase of 46.6% from the March 31st total of 2,343 shares. Based on an average daily trading volume, of 8,664 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

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

Shares of NYSEARCA IOCT opened at $36.06 on Tuesday. Innovator International Developed Power Buffer ETF – October has a 52 week low of $31.15 and a 52 week high of $36.56. The firm’s fifty day moving average is $35.64 and its 200 day moving average is $35.12. The company has a market cap of $181.38 million, a price-to-earnings ratio of 17.05 and a beta of 0.45.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in shares of Innovator International Developed Power Buffer ETF – October by 17.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 445,046 shares of the company’s stock worth $15,514,000 after buying an additional 65,145 shares during the period. Broussard Financial Group LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – October in the fourth quarter worth $13,279,000. Access Financial Services Inc. purchased a new position in shares of Innovator International Developed Power Buffer ETF – October in the fourth quarter worth $10,182,000. IFP Advisors Inc increased its stake in shares of Innovator International Developed Power Buffer ETF – October by 5.9% in the fourth quarter. IFP Advisors Inc now owns 218,242 shares of the company’s stock worth $7,608,000 after buying an additional 12,103 shares during the period. Finally, SageView Advisory Group LLC increased its stake in shares of Innovator International Developed Power Buffer ETF – October by 39.1% in the third quarter. SageView Advisory Group LLC now owns 172,785 shares of the company’s stock worth $5,904,000 after buying an additional 48,529 shares during the period.

Innovator International Developed Power Buffer ETF – October Company Profile

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.