Short Interest in Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Drops By 83.4%

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 304 shares, a decrease of 83.4% from the April 30th total of 1,831 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 2,537 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in INOV. Sigma Planning Corp bought a new position in Innovator International Developed Power Buffer ETF – November during the 1st quarter worth about $780,000. Kestra Advisory Services LLC boosted its holdings in shares of Innovator International Developed Power Buffer ETF – November by 35.0% in the 1st quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock valued at $1,430,000 after buying an additional 10,690 shares in the last quarter. Maltin Wealth Management Inc. boosted its holdings in shares of Innovator International Developed Power Buffer ETF – November by 370.9% in the 1st quarter. Maltin Wealth Management Inc. now owns 144,572 shares of the company’s stock valued at $5,015,000 after buying an additional 113,874 shares in the last quarter. Finally, Berkshire Money Management Inc. bought a new stake in shares of Innovator International Developed Power Buffer ETF – November in the 1st quarter valued at about $8,910,000. Hedge funds and other institutional investors own 33.15% of the company’s stock.

Innovator International Developed Power Buffer ETF – November Price Performance

INOV stock opened at $36.49 on Thursday. The company has a market capitalization of $55.46 million, a PE ratio of 107.32 and a beta of 0.30. Innovator International Developed Power Buffer ETF – November has a 12 month low of $31.57 and a 12 month high of $36.59. The firm’s 50-day moving average is $35.59 and its 200 day moving average is $35.12.

About Innovator International Developed Power Buffer ETF – November

The Innovator International Developed Power Buffer ETF November (INOV) 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 November 1. The actively-managed fund utilizes FLEX options and collateral. INOV was launched on Nov 1, 2023 and is issued by Innovator.