Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Shares Shorted: Short Interest Down 90.2% in October

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 5,730 shares, a drop of 90.2% from the October 15th total of 58,684 shares. Based on an average daily volume of 21,933 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Innovator International Developed Power Buffer ETF – October

Several hedge funds have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC increased its holdings in shares of Innovator International Developed Power Buffer ETF – October by 346.4% during the third quarter. Ashton Thomas Private Wealth LLC now owns 991 shares of the company’s stock valued at $37,000 after purchasing an additional 769 shares during the period. Continuum Advisory LLC acquired a new position in Innovator International Developed Power Buffer ETF – October during the 2nd quarter valued at about $40,000. Blue Bell Private Wealth Management LLC acquired a new position in Innovator International Developed Power Buffer ETF – October during the 3rd quarter valued at about $77,000. Sunbelt Securities Inc. raised its position in shares of Innovator International Developed Power Buffer ETF – October by 55.3% during the 1st quarter. Sunbelt Securities Inc. now owns 4,692 shares of the company’s stock worth $164,000 after buying an additional 1,670 shares in the last quarter. Finally, HBW Advisory Services LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF – October during the 3rd quarter worth about $200,000.

Innovator International Developed Power Buffer ETF – October Stock Performance

Shares of IOCT traded up $0.10 during mid-day trading on Wednesday, reaching $37.99. 1,931 shares of the company’s stock traded hands, compared to its average volume of 18,501. The business’s 50-day moving average price is $37.88 and its 200-day moving average price is $36.83. The stock has a market capitalization of $201.34 million, a P/E ratio of 17.05 and a beta of 0.44. Innovator International Developed Power Buffer ETF – October has a 12 month low of $33.49 and a 12 month high of $38.37.

Innovator International Developed Power Buffer ETF – October Company Profile

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.