Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) Sees Large Growth in Short Interest

Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 36,052 shares, an increase of 555.6% from the September 30th total of 5,499 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 69,066 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. First Heartland Consultants Inc. bought a new position in shares of Innovator U.S. Equity Buffer ETF – October during the second quarter valued at approximately $217,000. RFG Advisory LLC raised its holdings in shares of Innovator U.S. Equity Buffer ETF – October by 8.0% during the first quarter. RFG Advisory LLC now owns 5,059 shares of the company’s stock valued at $243,000 after acquiring an additional 376 shares in the last quarter. World Investment Advisors lifted its stake in Innovator U.S. Equity Buffer ETF – October by 1.9% in the first quarter. World Investment Advisors now owns 25,085 shares of the company’s stock worth $1,204,000 after acquiring an additional 473 shares during the period. NewEdge Advisors LLC lifted its stake in Innovator U.S. Equity Buffer ETF – October by 447.8% in the first quarter. NewEdge Advisors LLC now owns 27,142 shares of the company’s stock worth $1,302,000 after acquiring an additional 22,187 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in Innovator U.S. Equity Buffer ETF – October by 19.3% in the first quarter. Arkadios Wealth Advisors now owns 28,110 shares of the company’s stock worth $1,349,000 after acquiring an additional 4,546 shares during the period.

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

BATS BOCT opened at $55.51 on Thursday. The stock has a market capitalization of $281.99 million, a PE ratio of 24.88 and a beta of 0.61. Innovator U.S. Equity Buffer ETF – October has a 1 year low of $46.84 and a 1 year high of $56.00. The business’s 50-day moving average is $54.98 and its 200 day moving average is $52.18.

About Innovator U.S. Equity Buffer ETF – October

The Innovator S&P 500 Buffer ETF – October (BOCT) 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. BOCT was launched on Oct 1, 2018 and is managed by Innovator.