Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Sees Significant Drop in Short Interest

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCTGet Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 3,103 shares, a drop of 51.7% from the July 30th total of 6,421 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 63,989 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – October

A number of large investors have recently made changes to their positions in the stock. Wellington Grp LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the first quarter worth $27,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October in the 3rd quarter worth $29,000. Community Financial Services Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the second quarter worth about $39,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the fourth quarter valued at approximately $71,000. Finally, Glen Eagle Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth $152,000.

Innovator U.S. Equity Power Buffer ETF – October Price Performance

POCT stock opened at $47.43 on Monday. The company has a market capitalization of $952.39 million, a P/E ratio of 24.14 and a beta of 0.37. Innovator U.S. Equity Power Buffer ETF – October has a 1-year low of $42.21 and a 1-year high of $47.51. The business has a 50-day moving average price of $46.77 and a 200 day moving average price of $45.46.

About Innovator U.S. Equity Power Buffer ETF – October

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The Innovator S&P 500 Power Buffer ETF – October (POCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. POCT was launched on Oct 1, 2018 and is managed by Innovator.

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