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

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 6,652 shares, a decrease of 28.9% from the February 12th total of 9,351 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 11,720 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 11,720 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are short sold.

Innovator International Developed Power Buffer ETF – October Stock Down 0.2%

Innovator International Developed Power Buffer ETF – October stock traded down $0.08 during midday trading on Friday, reaching $34.96. The company’s stock had a trading volume of 10,675 shares, compared to its average volume of 22,802. The company has a market cap of $185.29 million, a P/E ratio of 17.05 and a beta of 0.45. The business has a 50-day simple moving average of $35.78 and a 200-day simple moving average of $34.78. Innovator International Developed Power Buffer ETF – October has a fifty-two week low of $28.73 and a fifty-two week high of $36.56.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new position in Innovator International Developed Power Buffer ETF – October in the first quarter valued at approximately $220,000. Envestnet Asset Management Inc. raised its holdings in Innovator International Developed Power Buffer ETF – October by 36.0% during the second quarter. Envestnet Asset Management Inc. now owns 35,515 shares of the company’s stock worth $1,168,000 after purchasing an additional 9,396 shares in the last quarter. Allworth Financial LP acquired a new stake in Innovator International Developed Power Buffer ETF – October during the second quarter worth approximately $26,000. Cetera Investment Advisers lifted its position in shares of Innovator International Developed Power Buffer ETF – October by 5.1% during the 2nd quarter. Cetera Investment Advisers now owns 41,035 shares of the company’s stock worth $1,349,000 after buying an additional 1,982 shares during the last quarter. Finally, SageView Advisory Group LLC lifted its position in shares of Innovator International Developed Power Buffer ETF – October by 82.5% during the 2nd quarter. SageView Advisory Group LLC now owns 124,256 shares of the company’s stock worth $4,073,000 after buying an additional 56,155 shares during the last quarter.

Innovator International Developed Power Buffer ETF – October Company Profile

The Innovator International Developed Power Buffer ETF – October (IOCT) is an exchange-traded fund that is based on the MSCI EAFE index. 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. IOCT was launched on Oct 1, 2021 and is managed by Innovator.