Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Sees Significant Growth in Short Interest

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 7,102 shares, a growth of 112.6% from the June 15th total of 3,340 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 2,525 shares, the short-interest ratio is currently 2.8 days.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Gill Capital Partners LLC lifted its position in shares of Innovator International Developed Power Buffer ETF by 4.5% during the 4th quarter. Gill Capital Partners LLC now owns 45,449 shares of the company’s stock worth $1,293,000 after buying an additional 1,954 shares in the last quarter. PFG Advisors bought a new position in shares of Innovator International Developed Power Buffer ETF in the third quarter valued at approximately $211,000. Kestra Advisory Services LLC grew its holdings in shares of Innovator International Developed Power Buffer ETF by 32.3% in the first quarter. Kestra Advisory Services LLC now owns 34,127 shares of the company’s stock valued at $978,000 after acquiring an additional 8,326 shares in the last quarter. BCS Wealth Management purchased a new stake in shares of Innovator International Developed Power Buffer ETF during the fourth quarter valued at approximately $240,000. Finally, Royal Bank of Canada purchased a new stake in shares of Innovator International Developed Power Buffer ETF during the fourth quarter valued at approximately $249,000.

Innovator International Developed Power Buffer ETF Stock Performance

Shares of Innovator International Developed Power Buffer ETF stock traded up $0.05 on Wednesday, hitting $30.33. The company had a trading volume of 9,622 shares, compared to its average volume of 14,329. Innovator International Developed Power Buffer ETF has a 1 year low of $26.81 and a 1 year high of $30.33. The stock has a 50 day moving average of $29.93 and a 200-day moving average of $29.34. The stock has a market capitalization of $42.46 million, a price-to-earnings ratio of 16.25 and a beta of 0.24.

Innovator International Developed Power Buffer ETF Company Profile

The Innovator International Developed Power Buffer ETF August (IAUG) 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 August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.