Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Sees Significant Decrease in Short Interest

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 304 shares, a decline of 83.4% from the April 30th total of 1,831 shares. Based on an average daily trading volume, of 2,537 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Innovator International Developed Power Buffer ETF – November Price Performance

NYSEARCA:INOV traded up $0.03 on Friday, hitting $36.55. 2,070 shares of the company’s stock were exchanged, compared to its average volume of 10,735. The firm has a 50-day moving average price of $35.62 and a 200-day moving average price of $35.14. Innovator International Developed Power Buffer ETF – November has a 52 week low of $31.63 and a 52 week high of $36.67. The company has a market cap of $55.56 million, a P/E ratio of 107.50 and a beta of 0.30.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sigma Planning Corp bought a new stake in shares of Innovator International Developed Power Buffer ETF – November during the 1st quarter worth approximately $780,000. Kestra Advisory Services LLC raised its stake in shares of Innovator International Developed Power Buffer ETF – November by 35.0% during the 1st quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock worth $1,430,000 after purchasing an additional 10,690 shares in the last quarter. Maltin Wealth Management Inc. raised its stake in shares of Innovator International Developed Power Buffer ETF – November by 370.9% during the 1st quarter. Maltin Wealth Management Inc. now owns 144,572 shares of the company’s stock worth $5,015,000 after purchasing an additional 113,874 shares in the last quarter. Finally, Berkshire Money Management Inc. bought a new stake in shares of Innovator International Developed Power Buffer ETF – November during the 1st quarter worth approximately $8,910,000. Institutional investors own 33.15% of the company’s stock.

Innovator International Developed Power Buffer ETF – November Company Profile

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.