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

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,489 shares, a growth of 781.1% from the September 15th total of 396 shares. Based on an average daily trading volume, of 32,434 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Innovator International Developed Power Buffer ETF – October Stock Performance

Shares of IOCT opened at $37.75 on Monday. Innovator International Developed Power Buffer ETF – October has a fifty-two week low of $33.49 and a fifty-two week high of $38.37. The firm has a 50-day simple moving average of $37.98 and a 200-day simple moving average of $36.99. The company has a market capitalization of $190.64 million, a price-to-earnings ratio of 17.05 and a beta of 0.43.

Institutional Trading of Innovator International Developed Power Buffer ETF – October

Several institutional investors and hedge funds have recently added to or reduced their stakes in IOCT. World Investment Advisors acquired a new position in shares of Innovator International Developed Power Buffer ETF – October in the fourth quarter valued at approximately $909,000. Kestra Advisory Services LLC raised its stake in shares of Innovator International Developed Power Buffer ETF – October by 51.0% during the first quarter. Kestra Advisory Services LLC now owns 51,882 shares of the company’s stock worth $1,818,000 after purchasing an additional 17,512 shares during the last quarter. Talon Private Wealth LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – October during the first quarter worth approximately $1,883,000. Cornerstone Wealth LLC TN acquired a new stake in shares of Innovator International Developed Power Buffer ETF – October during the first quarter worth $636,000. Finally, BFI Wealth Solutions LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF – October during the fourth quarter worth $1,644,000.

Innovator International Developed Power Buffer ETF – October Company Profile

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.