Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) Sees Large Drop in Short Interest

Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 233 shares, a drop of 41.5% from the July 30th total of 398 shares. Based on an average daily trading volume, of 1,039 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Innovator International Developed Power Buffer ETF – December Stock Performance

Shares of NYSEARCA:IDEC traded up $0.12 during trading on Wednesday, hitting $35.24. The company’s stock had a trading volume of 1,089 shares, compared to its average volume of 5,866. Innovator International Developed Power Buffer ETF – December has a fifty-two week low of $30.38 and a fifty-two week high of $35.51. The business has a 50 day moving average price of $34.77 and a two-hundred day moving average price of $33.94. The company has a market capitalization of $43.34 million, a PE ratio of 16.21 and a beta of 0.30.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – December

Several large investors have recently bought and sold shares of the stock. Corrado Advisors LLC boosted its stake in shares of Innovator International Developed Power Buffer ETF – December by 250.3% in the 4th quarter. Corrado Advisors LLC now owns 79,042 shares of the company’s stock valued at $2,552,000 after buying an additional 56,475 shares during the period. Gill Capital Partners LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – December during the fourth quarter worth approximately $806,000. Truist Financial Corp acquired a new stake in Innovator International Developed Power Buffer ETF – December in the fourth quarter valued at approximately $865,000. Syon Capital LLC acquired a new stake in Innovator International Developed Power Buffer ETF – December in the fourth quarter valued at approximately $3,088,000. Finally, Financial Solutions Advisory Group Inc. purchased a new position in Innovator International Developed Power Buffer ETF – December in the first quarter worth approximately $558,000.

About Innovator International Developed Power Buffer ETF – December

The Innovator International Developed Power Buffer ETF December (IDEC) is an exchange-traded fund that mostly invests in total market equity. 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. IDEC was launched on Nov 30, 2023 and is issued by Innovator.