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 large increase in short interest in October. As of October 15th, there was short interest totaling 50,100 shares, an increase of 86.2% from the September 30th total of 26,900 shares. Based on an average trading volume of 42,200 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.9% of the company’s stock are short sold. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 42,200 shares, the days-to-cover ratio is presently 1.2 days.

Innovator International Developed Power Buffer ETF – October Trading Down 0.1%

NYSEARCA:IOCT opened at $34.24 on Monday. The stock has a market capitalization of $193.46 million, a PE ratio of 17.05 and a beta of 0.45. The firm’s 50 day moving average is $34.02 and its 200 day moving average is $32.95. Innovator International Developed Power Buffer ETF – October has a 12 month low of $28.73 and a 12 month high of $34.59.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IOCT. Red Crane Wealth Management LLC purchased a new stake in Innovator International Developed Power Buffer ETF – October in the third quarter worth about $2,318,000. First Heartland Consultants Inc. bought a new position in Innovator International Developed Power Buffer ETF – October during the first quarter valued at approximately $1,815,000. Stuart Chaussee & Associates Inc. bought a new position in Innovator International Developed Power Buffer ETF – October during the first quarter valued at approximately $1,798,000. PFG Advisors lifted its position in Innovator International Developed Power Buffer ETF – October by 252.6% during the second quarter. PFG Advisors now owns 80,957 shares of the company’s stock valued at $2,661,000 after purchasing an additional 58,000 shares during the period. Finally, SageView Advisory Group LLC raised its position in Innovator International Developed Power Buffer ETF – October by 82.5% in the second quarter. SageView Advisory Group LLC now owns 124,256 shares of the company’s stock worth $4,073,000 after acquiring an additional 56,155 shares during the period.

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.