Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) Shares Shorted: Short Interest Down 75.6% in October

Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) was the recipient of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 20,802 shares, a decline of 75.6% from the October 15th total of 85,379 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 219,992 shares, the short-interest ratio is currently 0.1 days.

Innovator U.S. Equity Ultra Buffer ETF – October Stock Performance

Shares of BATS:UOCT opened at $42.22 on Friday. The stock’s 50-day moving average is $42.39 and its 200-day moving average is $40.85. The company has a market cap of $268.10 million, a P/E ratio of 22.71 and a beta of 0.37. Innovator U.S. Equity Ultra Buffer ETF – October has a 52-week low of $37.72 and a 52-week high of $42.95.

Institutional Trading of Innovator U.S. Equity Ultra Buffer ETF – October

Several hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October during the 3rd quarter worth about $518,000. Money Concepts Capital Corp acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October during the third quarter valued at about $350,000. Commonwealth Equity Services LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October during the third quarter valued at about $15,507,000. Partners Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October during the third quarter valued at about $921,000. Finally, IMG Wealth Management Inc. lifted its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – October by 13.1% in the third quarter. IMG Wealth Management Inc. now owns 81,672 shares of the company’s stock valued at $3,463,000 after buying an additional 9,456 shares during the period.

Innovator U.S. Equity Ultra Buffer ETF – October Company Profile

The Innovator S&P 500 Ultra Buffer ETF – October (UOCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. UOCT was launched on Oct 1, 2018 and is managed by Innovator.