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

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,336 shares, a decrease of 56.9% from the August 15th total of 3,103 shares. Based on an average daily volume of 27,504 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

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

Shares of POCT opened at $47.53 on Monday. Innovator U.S. Equity Power Buffer ETF – October has a 52-week low of $42.28 and a 52-week high of $47.61. The stock has a market cap of $954.40 million, a PE ratio of 24.14 and a beta of 0.37. The firm’s fifty day moving average is $47.02 and its two-hundred day moving average is $45.70.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – October

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Alliancebernstein L.P. grew its stake in Innovator U.S. Equity Power Buffer ETF – October by 10.6% during the 3rd quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock valued at $85,503,000 after acquiring an additional 190,348 shares in the last quarter. Cerity Partners LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – October by 36.3% during the fourth quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock worth $69,304,000 after buying an additional 420,361 shares in the last quarter. Osaic Holdings Inc. lifted its position in Innovator U.S. Equity Power Buffer ETF – October by 13.1% during the fourth quarter. Osaic Holdings Inc. now owns 795,864 shares of the company’s stock worth $34,954,000 after buying an additional 92,441 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – October by 18.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 781,573 shares of the company’s stock worth $34,327,000 after buying an additional 122,334 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in Innovator U.S. Equity Power Buffer ETF – October by 206.6% during the fourth quarter. Focus Partners Wealth now owns 424,039 shares of the company’s stock worth $18,624,000 after buying an additional 285,754 shares during the last quarter.

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

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.