Short Interest in Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) Expands By 95.6%

Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,017 shares, an increase of 95.6% from the August 15th total of 520 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 0.7 days.

Innovator Premium Income 15 Buffer ETF – October Stock Up 0.0%

LOCT opened at $23.88 on Tuesday. Innovator Premium Income 15 Buffer ETF – October has a twelve month low of $23.48 and a twelve month high of $24.05. The company has a 50-day simple moving average of $23.91 and a 200 day simple moving average of $23.87.

Innovator Premium Income 15 Buffer ETF – October Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were given a $0.1028 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Friday, July 31st. This is a boost from Innovator Premium Income 15 Buffer ETF – October’s previous monthly dividend of $0.10.

Institutional Trading of Innovator Premium Income 15 Buffer ETF – October

Institutional investors and hedge funds have recently made changes to their positions in the company. MTM Financial Group LLC raised its position in Innovator Premium Income 15 Buffer ETF – October by 5.3% during the first quarter. MTM Financial Group LLC now owns 121,064 shares of the company’s stock valued at $2,852,000 after purchasing an additional 6,077 shares in the last quarter. Arista Wealth Management LLC bought a new stake in Innovator Premium Income 15 Buffer ETF – October during the fourth quarter worth $387,000. KFG Wealth Management LLC boosted its holdings in shares of Innovator Premium Income 15 Buffer ETF – October by 6.5% in the 2nd quarter. KFG Wealth Management LLC now owns 13,593 shares of the company’s stock valued at $325,000 after purchasing an additional 831 shares in the last quarter. Finally, World Investment Advisors acquired a new stake in shares of Innovator Premium Income 15 Buffer ETF – October in the 4th quarter valued at $209,000.

About Innovator Premium Income 15 Buffer ETF – October

The Innovator Premium Income 15 Buffer ETF – October (LOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective buffer against the first 15% of losses stemming from the decline in the S&P 500 Index. The exposure resets each year in October LOCT was launched on Sep 30, 2023 and is issued by Innovator.