Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Up 44.4% in February

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 21,504 shares, an increase of 44.4% from the February 12th total of 14,897 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 16,442 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 16,442 shares, the short-interest ratio is currently 1.3 days. Approximately 1.2% of the company’s shares are sold short.

Institutional Trading of Innovator U.S. Small Cap Managed Floor ETF

A number of institutional investors have recently modified their holdings of RFLR. CoreCap Advisors LLC acquired a new stake in Innovator U.S. Small Cap Managed Floor ETF during the 3rd quarter worth approximately $44,000. Triumph Capital Management acquired a new position in Innovator U.S. Small Cap Managed Floor ETF during the third quarter valued at approximately $72,000. Perigon Wealth Management LLC acquired a new position in Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter valued at approximately $213,000. Capital Investment Advisory Services LLC grew its stake in Innovator U.S. Small Cap Managed Floor ETF by 20.5% during the fourth quarter. Capital Investment Advisory Services LLC now owns 9,335 shares of the company’s stock worth $266,000 after buying an additional 1,591 shares during the period. Finally, COFG Advisors LLC purchased a new stake in Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter worth approximately $328,000.

Innovator U.S. Small Cap Managed Floor ETF Trading Down 0.2%

Shares of RFLR opened at $28.57 on Friday. Innovator U.S. Small Cap Managed Floor ETF has a twelve month low of $23.03 and a twelve month high of $33.43. The firm has a market capitalization of $52.85 million, a P/E ratio of 15.96 and a beta of 1.29. The stock’s fifty day simple moving average is $29.49 and its 200 day simple moving average is $28.55.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were issued a $0.0626 dividend. This is a positive change from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Wednesday, December 31st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.9%.

About Innovator U.S. Small Cap Managed Floor ETF

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.