Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) Sees Large Growth in Short Interest

Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 763 shares, an increase of 234.6% from the April 30th total of 228 shares. Based on an average daily volume of 1,211 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Syon Capital LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – December during the 4th quarter worth about $3,088,000. Corrado Advisors LLC boosted its position in shares of Innovator International Developed Power Buffer ETF – December by 250.3% during the 4th quarter. Corrado Advisors LLC now owns 79,042 shares of the company’s stock worth $2,552,000 after acquiring an additional 56,475 shares in the last quarter. Belpointe Asset Management LLC boosted its position in shares of Innovator International Developed Power Buffer ETF – December by 274.8% during the 4th quarter. Belpointe Asset Management LLC now owns 49,855 shares of the company’s stock worth $1,610,000 after acquiring an additional 36,555 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of Innovator International Developed Power Buffer ETF – December by 112.6% during the 4th quarter. Osaic Holdings Inc. now owns 43,867 shares of the company’s stock worth $1,417,000 after acquiring an additional 23,237 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Innovator International Developed Power Buffer ETF – December by 335.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 43,089 shares of the company’s stock worth $1,391,000 after acquiring an additional 33,204 shares in the last quarter.

Innovator International Developed Power Buffer ETF – December Stock Up 0.4%

NYSEARCA IDEC traded up $0.13 during trading hours on Friday, hitting $34.25. 234 shares of the company were exchanged, compared to its average volume of 8,514. The company has a 50 day moving average of $33.32 and a two-hundred day moving average of $32.90. The firm has a market cap of $45.55 million, a price-to-earnings ratio of 16.21 and a beta of 0.32. Innovator International Developed Power Buffer ETF – December has a 52-week low of $29.39 and a 52-week high of $34.18.

About Innovator International Developed Power Buffer ETF – December

The Innovator International Developed Power Buffer ETF December (IDEC) is an exchange-traded fund that mostly invests in total market equity. 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. IDEC was launched on Nov 30, 2023 and is issued by Innovator.