Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Sees Large Growth in Short Interest

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 21 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,043 shares, the days-to-cover ratio is currently 0.0 days.

Innovator International Developed Power Buffer ETF – November Price Performance

INOV opened at $36.78 on Monday. The firm’s 50-day moving average price is $37.17 and its 200-day moving average price is $36.39. The company has a market cap of $36.04 million, a P/E ratio of 108.18 and a beta of 0.31. Innovator International Developed Power Buffer ETF – November has a 52-week low of $32.92 and a 52-week high of $38.15.

Institutional Trading of Innovator International Developed Power Buffer ETF – November

A number of hedge funds have recently modified their holdings of the stock. Corrado Advisors LLC purchased a new position in Innovator International Developed Power Buffer ETF – November during the third quarter worth approximately $1,833,000. Kestra Advisory Services LLC boosted its position in shares of Innovator International Developed Power Buffer ETF – November by 35.0% during the 1st quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock valued at $1,430,000 after acquiring an additional 10,690 shares during the last quarter. Sigma Planning Corp purchased a new position in Innovator International Developed Power Buffer ETF – November in the first quarter worth approximately $780,000. AdvisorNet Financial Inc purchased a new stake in Innovator International Developed Power Buffer ETF – November in the 3rd quarter valued at about $514,000. Finally, IFP Advisors Inc boosted its position in shares of Innovator International Developed Power Buffer ETF – November by 3.2% during the 2nd quarter. IFP Advisors Inc now owns 13,991 shares of the company’s stock worth $514,000 after purchasing an additional 437 shares during the period. Hedge funds and other institutional investors own 33.15% of the company’s stock.

Innovator International Developed Power Buffer ETF – November Company Profile

The Innovator International Developed Power Buffer ETF November (INOV) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting November 1. The actively-managed fund utilizes FLEX options and collateral. INOV was launched on Nov 1, 2023 and is issued by Innovator.