Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Sees Significant Decline in Short Interest

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,018 shares, a drop of 66.3% from the May 14th total of 3,022 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,909 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – October

A number of hedge funds and other institutional investors have recently made changes to their positions in IOCT. Jane Street Group LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF – October during the 1st quarter worth approximately $220,000. NewEdge Advisors LLC grew its stake in shares of Innovator International Developed Power Buffer ETF – October by 8.0% during the 2nd quarter. NewEdge Advisors LLC now owns 55,853 shares of the company’s stock worth $1,836,000 after purchasing an additional 4,118 shares during the period. Raymond James Financial Inc. grew its stake in shares of Innovator International Developed Power Buffer ETF – October by 17.0% during the 2nd quarter. Raymond James Financial Inc. now owns 22,277 shares of the company’s stock worth $732,000 after purchasing an additional 3,232 shares during the period. Benjamin Edwards Inc. acquired a new stake in shares of Innovator International Developed Power Buffer ETF – October during the 2nd quarter worth approximately $280,000. Finally, Captrust Financial Advisors grew its stake in shares of Innovator International Developed Power Buffer ETF – October by 13.9% during the 2nd quarter. Captrust Financial Advisors now owns 85,395 shares of the company’s stock worth $2,807,000 after purchasing an additional 10,400 shares during the period.

Innovator International Developed Power Buffer ETF – October Stock Up 0.2%

Shares of NYSEARCA IOCT traded up $0.08 during midday trading on Friday, reaching $36.81. 27,309 shares of the stock were exchanged, compared to its average volume of 16,908. The firm has a market cap of $181.47 million, a price-to-earnings ratio of 17.05 and a beta of 0.44. Innovator International Developed Power Buffer ETF – October has a twelve month low of $31.90 and a twelve month high of $36.85. The firm has a 50-day simple moving average of $36.28 and a two-hundred day simple moving average of $35.62.

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.