Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Short Interest Down 33.2% in March

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the target of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 4,445 shares, a decline of 33.2% from the February 26th total of 6,652 shares. Based on an average daily volume of 26,381 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF – October

Several hedge funds have recently modified their holdings of the stock. Broussard Financial Group LLC bought a new stake in Innovator International Developed Power Buffer ETF – October during the fourth quarter worth about $13,279,000. Access Financial Services Inc. acquired a new position in shares of Innovator International Developed Power Buffer ETF – October during the 4th quarter worth approximately $10,182,000. Focus Partners Wealth increased its position in shares of Innovator International Developed Power Buffer ETF – October by 594.3% during the 4th quarter. Focus Partners Wealth now owns 112,406 shares of the company’s stock worth $3,918,000 after purchasing an additional 96,216 shares during the last quarter. Red Crane Wealth Management LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF – October during the 3rd quarter worth approximately $2,318,000. Finally, Commonwealth Equity Services LLC raised its stake in shares of Innovator International Developed Power Buffer ETF – October by 17.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 445,046 shares of the company’s stock worth $15,514,000 after purchasing an additional 65,145 shares in the last quarter.

Innovator International Developed Power Buffer ETF – October Stock Performance

NYSEARCA:IOCT traded down $0.02 during mid-day trading on Monday, hitting $34.43. The company had a trading volume of 8,631 shares, compared to its average volume of 20,204. Innovator International Developed Power Buffer ETF – October has a fifty-two week low of $28.73 and a fifty-two week high of $36.56. The firm has a market cap of $182.48 million, a P/E ratio of 17.05 and a beta of 0.45. The business’s fifty day moving average is $35.65 and its two-hundred day moving average is $34.87.

Innovator International Developed Power Buffer ETF – October Company Profile

The Innovator International Developed Power Buffer ETF – October (IOCT) is an exchange-traded fund that is based on the MSCI EAFE index. The fund aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral. IOCT was launched on Oct 1, 2021 and is managed by Innovator.