Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) Sees Large Decrease in Short Interest

Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,153 shares, a decrease of 63.4% from the April 30th total of 3,148 shares. Based on an average daily trading volume, of 1,729 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Innovator Premium Income 20 Barrier ETF – October

Several institutional investors and hedge funds have recently modified their holdings of OCTH. Sunbelt Securities Inc. grew its stake in Innovator Premium Income 20 Barrier ETF – October by 3.1% during the 4th quarter. Sunbelt Securities Inc. now owns 14,163 shares of the company’s stock valued at $339,000 after purchasing an additional 422 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Innovator Premium Income 20 Barrier ETF – October by 8.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,798 shares of the company’s stock valued at $259,000 after purchasing an additional 835 shares in the last quarter. Whipplewood Advisors LLC raised its position in shares of Innovator Premium Income 20 Barrier ETF – October by 3.6% in the 3rd quarter. Whipplewood Advisors LLC now owns 30,828 shares of the company’s stock valued at $741,000 after purchasing an additional 1,058 shares in the last quarter. Motiv8 Investments LLC acquired a new position in shares of Innovator Premium Income 20 Barrier ETF – October in the 4th quarter valued at approximately $43,000. Finally, Blue Trust Inc. acquired a new position in shares of Innovator Premium Income 20 Barrier ETF – October in the 4th quarter valued at approximately $73,000.

Innovator Premium Income 20 Barrier ETF – October Price Performance

Shares of BATS OCTH opened at $24.25 on Friday. Innovator Premium Income 20 Barrier ETF – October has a 1-year low of $23.41 and a 1-year high of $24.56. The business has a 50-day moving average of $23.97 and a 200-day moving average of $24.03. The company has a market capitalization of $18.79 million, a price-to-earnings ratio of 24.11 and a beta of 0.17.

Innovator Premium Income 20 Barrier ETF – October Company Profile

The Innovator Premium Income 20 Barrier ETF – October (OCTH) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. OCTH was launched on Sep 30, 2023 and is issued by Innovator.