Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Short Interest Update

Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 198,336 shares, a growth of 115.7% from the May 14th total of 91,934 shares. Based on an average daily volume of 926,125 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Trading of Innovator Equity Managed Floor ETF

Several hedge funds have recently modified their holdings of the stock. Kellett Wealth Advisors LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 0.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 54,227 shares of the company’s stock valued at $1,999,000 after acquiring an additional 343 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Innovator Equity Managed Floor ETF by 33.4% in the third quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after acquiring an additional 411 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of Innovator Equity Managed Floor ETF by 3.8% in the second quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock valued at $445,000 after acquiring an additional 486 shares in the last quarter. ATX Financial Planning LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 0.3% in the first quarter. ATX Financial Planning LLC now owns 206,074 shares of the company’s stock valued at $7,297,000 after acquiring an additional 548 shares in the last quarter. Finally, HFG Wealth Management LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 0.3% in the fourth quarter. HFG Wealth Management LLC now owns 172,485 shares of the company’s stock valued at $6,358,000 after acquiring an additional 566 shares in the last quarter.

Innovator Equity Managed Floor ETF Stock Up 0.3%

NYSEARCA:SFLR opened at $38.24 on Friday. The stock’s fifty day moving average is $37.42 and its two-hundred day moving average is $36.94. Innovator Equity Managed Floor ETF has a 52 week low of $32.74 and a 52 week high of $39.64. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 26.45 and a beta of 0.68.

About Innovator Equity Managed Floor ETF

The Innovator Equity Managed Floor ETF (SFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio of large-cap US stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis. SFLR was launched on Nov 8, 2022 and is managed by Innovator.