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

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 396 shares, a drop of 67.8% from the August 31st total of 1,228 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 16,320 shares, the short-interest ratio is presently 0.0 days.

Innovator International Developed Power Buffer ETF – October Stock Performance

IOCT stock traded down $0.15 during trading on Monday, reaching $38.07. 82,093 shares of the company traded hands, compared to its average volume of 14,455. Innovator International Developed Power Buffer ETF – October has a 12 month low of $33.49 and a 12 month high of $38.37. The company has a market capitalization of $172.46 million, a price-to-earnings ratio of 17.05 and a beta of 0.43. The business has a 50 day simple moving average of $37.88 and a 200 day simple moving average of $36.82.

Institutional Trading of Innovator International Developed Power Buffer ETF – October

Several large investors have recently added to or reduced their stakes in IOCT. Financial Network Wealth Advisors LLC raised its stake in shares of Innovator International Developed Power Buffer ETF – October by 196.9% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 873 shares of the company’s stock worth $30,000 after purchasing an additional 579 shares during the last quarter. Continuum Advisory LLC purchased a new stake in Innovator International Developed Power Buffer ETF – October in the second quarter valued at approximately $40,000. Harbour Investments Inc. boosted its position in Innovator International Developed Power Buffer ETF – October by 34.8% in the fourth quarter. Harbour Investments Inc. now owns 2,742 shares of the company’s stock valued at $96,000 after buying an additional 708 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in Innovator International Developed Power Buffer ETF – October by 55.3% in the 1st quarter. Sunbelt Securities Inc. now owns 4,692 shares of the company’s stock worth $164,000 after buying an additional 1,670 shares during the period. Finally, Straight Path Wealth Management acquired a new position in Innovator International Developed Power Buffer ETF – October in the 2nd quarter worth approximately $216,000.

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.