Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Shares Shorted: Short Interest Up 2,476.2% in October

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 541 shares, a growth of 2,476.2% from the October 15th total of 21 shares. Based on an average trading volume of 16,837 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in INOV. HighTower Advisors LLC acquired a new position in Innovator International Developed Power Buffer ETF – November in the 3rd quarter worth approximately $232,000. Harbour Investments Inc. purchased a new stake in shares of Innovator International Developed Power Buffer ETF – November in the third quarter valued at $59,000. Corrado Advisors LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – November in the third quarter valued at $1,833,000. Diligent Investors LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – November in the third quarter valued at $368,000. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Innovator International Developed Power Buffer ETF – November in the third quarter worth $514,000. 33.15% of the stock is currently owned by institutional investors and hedge funds.

Innovator International Developed Power Buffer ETF – November Stock Down 0.3%

INOV traded down $0.12 during trading on Thursday, reaching $36.74. The stock had a trading volume of 8,608 shares, compared to its average volume of 9,907. Innovator International Developed Power Buffer ETF – November has a 1-year low of $32.92 and a 1-year high of $38.15. The stock has a 50 day moving average of $36.97 and a two-hundred day moving average of $36.45. The firm has a market capitalization of $42.99 million, a price-to-earnings ratio of 108.07 and a beta of 0.31.

About Innovator International Developed Power Buffer ETF – November

The Innovator International Developed Power Buffer ETF November (INOV) 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 November 1. The actively-managed fund utilizes FLEX options and collateral. INOV was launched on Nov 1, 2023 and is issued by Innovator.