Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Short Interest Down 33.2% in March

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 4,445 shares, a decline of 33.2% from the February 26th total of 6,652 shares. Based on an average daily volume of 26,381 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Innovator International Developed Power Buffer ETF – October Stock Performance

Shares of NYSEARCA IOCT traded down $0.09 during mid-day trading on Friday, reaching $34.45. 20,289 shares of the company’s stock were exchanged, compared to its average volume of 20,402. The firm has a market capitalization of $182.59 million, a price-to-earnings ratio of 17.05 and a beta of 0.45. Innovator International Developed Power Buffer ETF – October has a 52-week low of $28.73 and a 52-week high of $36.56. The company’s 50-day moving average is $35.67 and its 200-day moving average is $34.86.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Financial Network Wealth Advisors LLC increased its position in shares of Innovator International Developed Power Buffer ETF – October by 196.9% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 873 shares of the company’s stock valued at $30,000 after acquiring an additional 579 shares during the last quarter. AE Wealth Management LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – October in the 3rd quarter valued at approximately $38,000. Advisory Services Network LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – October in the 3rd quarter worth approximately $54,000. US Bancorp DE acquired a new position in shares of Innovator International Developed Power Buffer ETF – October in the 3rd quarter worth approximately $61,000. Finally, DHJJ Financial Advisors Ltd. boosted its position in shares of Innovator International Developed Power Buffer ETF – October by 311.8% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 2,553 shares of the company’s stock worth $89,000 after purchasing an additional 1,933 shares during the period.

About Innovator International Developed Power Buffer ETF – October

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.