Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) Sees Large Increase in Short Interest

Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 126 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,721 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Innovator Premium Income 20 Barrier ETF – October

A hedge fund recently raised its position in Innovator Premium Income 20 Barrier ETF – October stock. Soltis Investment Advisors LLC grew its position in Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) by 18.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,369 shares of the company’s stock after purchasing an additional 1,946 shares during the quarter. Soltis Investment Advisors LLC owned about 1.60% of Innovator Premium Income 20 Barrier ETF – October worth $295,000 at the end of the most recent reporting period.

Innovator Premium Income 20 Barrier ETF – October Trading Down 0.4%

OCTH opened at $23.90 on Friday. Innovator Premium Income 20 Barrier ETF – October has a 12-month low of $23.41 and a 12-month high of $24.40. The business’s fifty day simple moving average is $24.09 and its 200-day simple moving average is $24.06. The company has a market capitalization of $18.52 million, a price-to-earnings ratio of 24.11 and a beta of 0.17.

Innovator Premium Income 20 Barrier ETF – October Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were issued a $0.3875 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 6.5%. This is a decrease from Innovator Premium Income 20 Barrier ETF – October’s previous quarterly dividend of $0.3875.

About Innovator Premium Income 20 Barrier ETF – October

The Innovator Premium Income 20 Barrier ETF – October (OCTH) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. OCTH was launched on Sep 30, 2023 and is issued by Innovator.