Short Interest in Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) Drops By 41.5%

Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 233 shares, a drop of 41.5% from the July 30th total of 398 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,039 shares, the days-to-cover ratio is presently 0.2 days.

Innovator International Developed Power Buffer ETF – December Stock Performance

Shares of Innovator International Developed Power Buffer ETF – December stock traded down $0.11 on Monday, reaching $35.26. The company had a trading volume of 4,771 shares, compared to its average volume of 5,895. The firm’s 50 day moving average price is $34.73 and its two-hundred day moving average price is $33.92. The firm has a market cap of $43.37 million, a PE ratio of 16.21 and a beta of 0.30. Innovator International Developed Power Buffer ETF – December has a 52-week low of $30.38 and a 52-week high of $35.51.

Institutional Trading of Innovator International Developed Power Buffer ETF – December

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Highland Investment Advisors LLC acquired a new position in Innovator International Developed Power Buffer ETF – December during the second quarter worth $39,000. JPMorgan Chase & Co. acquired a new stake in shares of Innovator International Developed Power Buffer ETF – December in the second quarter valued at $56,000. Raymond James Financial Inc. acquired a new stake in shares of Innovator International Developed Power Buffer ETF – December in the second quarter valued at $57,000. IFP Advisors Inc grew its stake in shares of Innovator International Developed Power Buffer ETF – December by 64.8% in the fourth quarter. IFP Advisors Inc now owns 3,668 shares of the company’s stock valued at $118,000 after buying an additional 1,442 shares in the last quarter. Finally, Alaska Permanent Capital Management LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – December in the 4th quarter valued at $175,000.

Innovator International Developed Power Buffer ETF – December Company Profile

The Innovator International Developed Power Buffer ETF December (IDEC) is an exchange-traded fund that mostly invests in total market equity. 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. IDEC was launched on Nov 30, 2023 and is issued by Innovator.