Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Stock Short Interest Jumps 781.1%

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,489 shares, a growth of 781.1% from the September 15th total of 396 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 32,434 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IOCT. Envestnet Asset Management Inc. grew its holdings in shares of Innovator International Developed Power Buffer ETF – October by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 44,195 shares of the company’s stock worth $1,635,000 after buying an additional 1,939 shares in the last quarter. Straight Path Wealth Management purchased a new position in shares of Innovator International Developed Power Buffer ETF – October in the second quarter worth about $216,000. Continuum Advisory LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – October in the second quarter worth about $40,000. Cornerstone Wealth LLC TN purchased a new position in shares of Innovator International Developed Power Buffer ETF – October in the first quarter worth about $636,000. Finally, Sunbelt Securities Inc. lifted its stake in shares of Innovator International Developed Power Buffer ETF – October by 55.3% in the first 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.

Innovator International Developed Power Buffer ETF – October Stock Performance

Shares of NYSEARCA:IOCT traded up $0.15 during trading on Friday, reaching $37.75. The stock had a trading volume of 19,473 shares, compared to its average volume of 18,226. Innovator International Developed Power Buffer ETF – October has a 1-year low of $33.49 and a 1-year high of $38.37. The stock has a market cap of $190.64 million, a PE ratio of 17.05 and a beta of 0.43. The business has a fifty day moving average price of $37.98 and a 200-day moving average price of $36.99.

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.