Innovator U.S. Small Cap Power Buffer ETF – October (BATS:KOCT) Sees Large Decline in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – October (BATS:KOCT) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 920 shares, a decline of 58.6% from the September 15th total of 2,221 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 29,065 shares, the short-interest ratio is currently 0.0 days.

Innovator U.S. Small Cap Power Buffer ETF – October Price Performance

Shares of KOCT stock opened at $37.24 on Thursday. Innovator U.S. Small Cap Power Buffer ETF – October has a 12-month low of $32.13 and a 12-month high of $38.96. The firm has a market capitalization of $125.87 million, a price-to-earnings ratio of 11.78 and a beta of 0.58. The business has a 50 day simple moving average of $37.91 and a 200 day simple moving average of $36.95.

Institutional Trading of Innovator U.S. Small Cap Power Buffer ETF – October

Several hedge funds have recently added to or reduced their stakes in KOCT. BFI Wealth Solutions LLC bought a new position in shares of Innovator U.S. Small Cap Power Buffer ETF – October in the fourth quarter worth $2,437,000. Kestra Advisory Services LLC increased its holdings in shares of Innovator U.S. Small Cap Power Buffer ETF – October by 35.3% during the first quarter. Kestra Advisory Services LLC now owns 42,178 shares of the company’s stock valued at $1,431,000 after purchasing an additional 11,002 shares during the period. Founders Financial Securities LLC increased its holdings in shares of Innovator U.S. Small Cap Power Buffer ETF – October by 17.4% during the first quarter. Founders Financial Securities LLC now owns 33,179 shares of the company’s stock valued at $1,160,000 after purchasing an additional 4,915 shares during the period. Sunbelt Securities Inc. increased its holdings in shares of Innovator U.S. Small Cap Power Buffer ETF – October by 24.7% during the first quarter. Sunbelt Securities Inc. now owns 33,011 shares of the company’s stock valued at $1,120,000 after purchasing an additional 6,529 shares during the period. Finally, Fragasso Financial Advisors Inc acquired a new position in shares of Innovator U.S. Small Cap Power Buffer ETF – October during the third quarter valued at $769,000.

Innovator U.S. Small Cap Power Buffer ETF – October Company Profile

The Innovator U.S. Small Cap Power Buffer ETF – October (KOCT) is an exchange-traded fund that is based on the Russell 2000 index. The fund aims for specific buffered losses and capped gains on the Russell 2000 over a specific holdings period. The actively-managed fund holds options and collateral. KOCT was launched on Oct 1, 2019 and is managed by Innovator.