Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Short Interest Up 112.6% in June

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 7,102 shares, an increase of 112.6% from the June 15th total of 3,340 shares. Based on an average daily volume of 2,525 shares, the short-interest ratio is presently 2.8 days. Currently, 0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP bought a new position in Innovator International Developed Power Buffer ETF in the 3rd quarter worth approximately $17,613,000. NewCorp Financial Services Inc. bought a new position in shares of Innovator International Developed Power Buffer ETF in the fourth quarter worth $2,700,000. Cornerstone Wealth LLC TN bought a new position in shares of Innovator International Developed Power Buffer ETF in the first quarter worth $2,611,000. HighTower Advisors LLC grew its position in shares of Innovator International Developed Power Buffer ETF by 135.9% in the fourth quarter. HighTower Advisors LLC now owns 150,654 shares of the company’s stock valued at $4,288,000 after purchasing an additional 86,788 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF in the first quarter valued at $1,481,000.

Innovator International Developed Power Buffer ETF Stock Down 0.0%

Innovator International Developed Power Buffer ETF stock traded down $0.01 during trading on Thursday, hitting $30.32. The stock had a trading volume of 2,987 shares, compared to its average volume of 14,244. The stock’s 50 day moving average is $29.96 and its two-hundred day moving average is $29.36. Innovator International Developed Power Buffer ETF has a 1 year low of $26.81 and a 1 year high of $30.36. The stock has a market cap of $42.45 million, a price-to-earnings ratio of 16.25 and a beta of 0.24.

About Innovator International Developed Power Buffer ETF

The Innovator International Developed Power Buffer ETF August (IAUG) 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 August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.