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

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

Innovator International Developed Power Buffer ETF – October Stock Performance

Shares of IOCT traded down $0.08 during midday trading on Friday, hitting $34.96. 10,675 shares of the stock traded hands, compared to its average volume of 22,802. The business’s 50 day moving average price is $35.78 and its two-hundred day moving average price is $34.77. The firm has a market capitalization of $185.29 million, a PE ratio of 17.05 and a beta of 0.45. Innovator International Developed Power Buffer ETF – October has a 1-year low of $28.73 and a 1-year high of $36.56.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IOCT. Jane Street Group LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – October during the first quarter worth approximately $220,000. Envestnet Asset Management Inc. increased its position in Innovator International Developed Power Buffer ETF – October by 36.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 35,515 shares of the company’s stock valued at $1,168,000 after acquiring an additional 9,396 shares during the period. Allworth Financial LP bought a new stake in Innovator International Developed Power Buffer ETF – October during the 2nd quarter valued at $26,000. Cetera Investment Advisers raised its stake in 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 valued at $1,349,000 after acquiring an additional 1,982 shares in the last quarter. Finally, SageView Advisory Group LLC boosted its position in 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 acquiring an additional 56,155 shares during the period.

About Innovator International Developed Power Buffer ETF – October

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.