Short Interest in Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Rises By 92.4%

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLRGet Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 36,227 shares, an increase of 92.4% from the June 30th total of 18,829 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 12,448 shares, the short-interest ratio is currently 2.9 days.

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

Several hedge funds have recently made changes to their positions in RFLR. Sound Income Strategies LLC bought a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 1st quarter valued at $47,000. Triumph Capital Management bought a new position in Innovator U.S. Small Cap Managed Floor ETF in the 3rd quarter worth about $72,000. Perigon Wealth Management LLC bought a new position in Innovator U.S. Small Cap Managed Floor ETF in the 4th quarter worth about $213,000. Brookstone Capital Management purchased a new position in Innovator U.S. Small Cap Managed Floor ETF during the 1st quarter valued at about $220,000. Finally, Beacon Financial Strategies CORP purchased a new position in Innovator U.S. Small Cap Managed Floor ETF during the 2nd quarter valued at about $233,000.

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

Innovator U.S. Small Cap Managed Floor ETF stock traded up $0.03 during mid-day trading on Friday, reaching $32.41. The company’s stock had a trading volume of 7,806 shares, compared to its average volume of 17,365. The firm’s fifty day moving average price is $31.85 and its two-hundred day moving average price is $30.40. Innovator U.S. Small Cap Managed Floor ETF has a 12-month low of $25.31 and a 12-month high of $33.43. The company has a market capitalization of $92.37 million, a P/E ratio of 15.96 and a beta of 0.59.

About Innovator U.S. Small Cap Managed Floor ETF

(Get Free Report)

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.

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