Short Interest in Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Declines By 41.8%

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 21,080 shares, a drop of 41.8% from the July 15th total of 36,227 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 11,053 shares, the short-interest ratio is presently 1.9 days.

Institutional Trading of Innovator U.S. Small Cap Managed Floor ETF

A number of hedge funds have recently modified their holdings of the business. Liberty Atlantic Advisors LLC purchased a new position in Innovator U.S. Small Cap Managed Floor ETF during the 4th quarter valued at about $4,220,000. Independent Financial Group LLC purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the first quarter worth approximately $4,088,000. CreativeOne Wealth LLC acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter worth approximately $1,190,000. NewCorp Financial Services Inc. acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter worth approximately $1,016,000. Finally, Arax Advisory Partners purchased a new position in Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter valued at approximately $879,000.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

Shares of NYSEARCA:RFLR opened at $33.46 on Monday. The firm has a 50 day simple moving average of $32.34 and a 200 day simple moving average of $30.67. Innovator U.S. Small Cap Managed Floor ETF has a 52 week low of $26.25 and a 52 week high of $34.17. The company has a market cap of $95.36 million, a PE ratio of 15.96 and a beta of 0.60.

About Innovator U.S. Small Cap Managed Floor ETF

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.