Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 23,954 shares, a decline of 66.4% from the June 15th total of 71,217 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 52,677 shares, the short-interest ratio is presently 0.5 days.

Innovator U.S. Equity Power Buffer ETF – October Stock Performance

POCT opened at $46.56 on Tuesday. The firm has a market cap of $934.92 million, a P/E ratio of 24.14 and a beta of 0.37. The firm has a 50-day moving average of $46.13 and a 200 day moving average of $44.79. Innovator U.S. Equity Power Buffer ETF – October has a fifty-two week low of $41.37 and a fifty-two week high of $46.71.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cerity Partners LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – October by 0.9% during the second quarter. Cerity Partners LLC now owns 42,599 shares of the company’s stock valued at $1,759,000 after purchasing an additional 378 shares during the period. Benjamin Edwards Inc. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the second quarter valued at $1,208,000. JPMorgan Chase & Co. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the 3rd quarter valued at $228,000. US Bancorp DE purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the 3rd quarter valued at $173,000. Finally, Alliancebernstein L.P. grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 10.6% during the 3rd quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock worth $85,503,000 after acquiring an additional 190,348 shares during the period.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

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