Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) Sees Significant Increase in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 11,257 shares, a growth of 383.8% from the September 15th total of 2,327 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 25,863 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of Innovator U.S. Equity Ultra Buffer ETF – October stock opened at $42.90 on Tuesday. The stock has a market cap of $188.76 million, a PE ratio of 25.03 and a beta of 0.32. The firm has a fifty day moving average price of $42.16 and a 200 day moving average price of $41.07. Innovator U.S. Equity Ultra Buffer ETF – October has a 1 year low of $37.72 and a 1 year high of $42.95.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – October

A number of institutional investors have recently modified their holdings of the stock. Comprehensive Financial Planning Inc. PA purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – October during the second quarter worth $70,000. Grove Bank & Trust acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October in the third quarter worth about $86,000. CoreCap Advisors LLC raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – October by 13.6% in the second quarter. CoreCap Advisors LLC now owns 4,164 shares of the company’s stock worth $171,000 after acquiring an additional 498 shares during the period. First Heartland Consultants Inc. acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October in the third quarter worth about $205,000. Finally, Jim Saulnier & Associates LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – October during the 2nd quarter worth about $206,000.

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.