Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Down 77.9% in December

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 2,487 shares, a decline of 77.9% from the November 30th total of 11,250 shares. Based on an average trading volume of 9,591 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 9,591 shares, the short-interest ratio is presently 0.3 days.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

Shares of Innovator U.S. Small Cap Managed Floor ETF stock traded down $0.10 on Friday, reaching $28.99. 6,083 shares of the company were exchanged, compared to its average volume of 8,793. The firm has a market cap of $33.34 million, a price-to-earnings ratio of 15.96 and a beta of 1.29. The company’s 50-day moving average is $28.32 and its two-hundred day moving average is $27.14. Innovator U.S. Small Cap Managed Floor ETF has a 1-year low of $23.03 and a 1-year high of $31.45.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were issued a dividend of $0.0502 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.20 annualized dividend and a yield of 0.7%. This is an increase from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05.

Institutional Trading of Innovator U.S. Small Cap Managed Floor ETF

Several hedge funds have recently modified their holdings of the company. CoreCap Advisors LLC bought a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the third quarter valued at approximately $44,000. Triumph Capital Management bought a new position in Innovator U.S. Small Cap Managed Floor ETF in the 3rd quarter valued at $72,000. Worth Financial Advisory Group LLC bought a new position in Innovator U.S. Small Cap Managed Floor ETF in the 3rd quarter valued at $369,000. Sentinus LLC boosted its stake in Innovator U.S. Small Cap Managed Floor ETF by 90.2% in the second quarter. Sentinus LLC now owns 16,672 shares of the company’s stock worth $420,000 after purchasing an additional 7,906 shares in the last quarter. Finally, Signal Advisors Wealth LLC boosted its stake in Innovator U.S. Small Cap Managed Floor ETF by 22.6% in the second quarter. Signal Advisors Wealth LLC now owns 17,496 shares of the company’s stock worth $441,000 after purchasing an additional 3,221 shares in the last quarter.

About Innovator U.S. Small Cap Managed Floor ETF

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.