Short Interest in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Declines By 90.2%

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 2,340 shares, a drop of 90.2% from the June 30th total of 23,954 shares. Based on an average daily trading volume, of 46,189 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.1%

POCT stock opened at $46.45 on Friday. The firm has a 50 day moving average of $46.27 and a 200-day moving average of $44.94. The company has a market cap of $932.72 million, a price-to-earnings ratio of 24.14 and a beta of 0.37. Innovator U.S. Equity Power Buffer ETF – October has a 12-month low of $41.45 and a 12-month high of $46.74.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Grp LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the first quarter worth $27,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the third quarter valued at $29,000. Community Financial Services Group LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the second quarter valued at $39,000. Key Capital Management INC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth $46,000. Finally, Stone House Investment Management LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth $71,000.

About Innovator U.S. Equity Power Buffer ETF – October

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.