Short Interest in Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Increases By 44.4%

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 21,504 shares, a growth of 44.4% from the February 12th total of 14,897 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 16,442 shares, the short-interest ratio is currently 1.3 days. Based on an average trading volume of 16,442 shares, the short-interest ratio is currently 1.3 days. Approximately 1.2% of the shares of the company are sold short.

Innovator U.S. Small Cap Managed Floor ETF Trading Down 0.2%

Innovator U.S. Small Cap Managed Floor ETF stock opened at $28.57 on Friday. The stock has a 50 day moving average of $29.49 and a two-hundred day moving average of $28.55. Innovator U.S. Small Cap Managed Floor ETF has a twelve month low of $23.03 and a twelve month high of $33.43. The stock has a market capitalization of $52.85 million, a price-to-earnings ratio of 15.96 and a beta of 1.29.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 31st were given a $0.0626 dividend. This is a positive change from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Wednesday, December 31st. This represents a $0.25 dividend on an annualized basis and a yield of 0.9%.

Hedge Funds Weigh In On Innovator U.S. Small Cap Managed Floor ETF

A number of large investors have recently bought and sold shares of RFLR. Envestnet Asset Management Inc. purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the second quarter valued at about $617,000. Sentinus LLC lifted its position in Innovator U.S. Small Cap Managed Floor ETF by 90.2% in the second quarter. Sentinus LLC now owns 16,672 shares of the company’s stock valued at $420,000 after purchasing an additional 7,906 shares during the period. Jane Street Group LLC acquired a new position in Innovator U.S. Small Cap Managed Floor ETF during the 2nd quarter worth approximately $550,000. Worth Financial Advisory Group LLC purchased a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the 3rd quarter worth approximately $369,000. Finally, CoreCap Advisors LLC acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the 3rd quarter valued at approximately $44,000.

Innovator U.S. Small Cap Managed Floor ETF Company Profile

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.