Innovator U.S. Small Cap Power Buffer ETF – October (BATS:KOCT) Sees Significant Increase in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – October (BATS:KOCT) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 58,969 shares, a growth of 6,309.7% from the September 30th total of 920 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average trading volume of 119,161 shares, the short-interest ratio is currently 0.5 days.

Innovator U.S. Small Cap Power Buffer ETF – October Trading Up 0.6%

Shares of KOCT stock opened at $37.94 on Wednesday. The stock has a market cap of $128.24 million, a P/E ratio of 11.78 and a beta of 0.58. The stock has a 50 day moving average of $37.85 and a 200 day moving average of $36.32. Innovator U.S. Small Cap Power Buffer ETF – October has a twelve month low of $32.13 and a twelve month high of $38.96.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sigma Planning Corp purchased a new stake in Innovator U.S. Small Cap Power Buffer ETF – October in the 3rd quarter valued at $355,000. Signaturefd LLC acquired a new stake in Innovator U.S. Small Cap Power Buffer ETF – October in the third quarter valued at approximately $246,000. Diligent Investors LLC purchased a new stake in Innovator U.S. Small Cap Power Buffer ETF – October during the 3rd quarter worth about $531,000. Axxcess Wealth Management LLC boosted its holdings in shares of Innovator U.S. Small Cap Power Buffer ETF – October by 18.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 14,532 shares of the company’s stock valued at $548,000 after buying an additional 2,304 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its stake in Innovator U.S. Small Cap Power Buffer ETF – October by 20.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 10,492 shares of the company’s stock worth $396,000 after buying an additional 1,792 shares during the last quarter.

Innovator U.S. Small Cap Power Buffer ETF – October Company Profile

The Innovator U.S. Small Cap Power Buffer ETF – October (KOCT) is an exchange-traded fund that is based on the Russell 2000 index. The fund aims for specific buffered losses and capped gains on the Russell 2000 over a specific holdings period. The actively-managed fund holds options and collateral. KOCT was launched on Oct 1, 2019 and is managed by Innovator.