Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Short Interest Up 437.7% in August

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 74,165 shares, an increase of 437.7% from the July 30th total of 13,794 shares. Currently, 2.9% of the company’s shares are short sold. Based on an average trading volume of 65,384 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF

Several institutional investors and hedge funds have recently modified their holdings of IAUG. Osaic Holdings Inc. boosted its stake in shares of Innovator International Developed Power Buffer ETF by 965.2% during the 2nd quarter. Osaic Holdings Inc. now owns 10,439 shares of the company’s stock valued at $287,000 after purchasing an additional 9,459 shares in the last quarter. PFG Advisors purchased a new stake in Innovator International Developed Power Buffer ETF in the third quarter worth about $211,000. Diligent Investors LLC bought a new stake in Innovator International Developed Power Buffer ETF during the 3rd quarter valued at approximately $290,000. Citadel Advisors LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF during the 3rd quarter worth approximately $489,000. Finally, Allworth Financial LP raised its position in shares of Innovator International Developed Power Buffer ETF by 12.8% in the 4th quarter. Allworth Financial LP now owns 712,624 shares of the company’s stock worth $20,281,000 after acquiring an additional 80,722 shares in the last quarter.

Innovator International Developed Power Buffer ETF Stock Up 0.4%

Shares of IAUG stock opened at $31.04 on Wednesday. The stock has a fifty day moving average of $30.46 and a 200 day moving average of $29.71. Innovator International Developed Power Buffer ETF has a 52 week low of $27.30 and a 52 week high of $31.07. The firm has a market capitalization of $80.70 million, a price-to-earnings ratio of 16.25 and a beta of 0.24.

About Innovator International Developed Power Buffer ETF

The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.