Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Sees Significant Growth in Short Interest

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 21,504 shares, an increase of 44.4% from the February 12th total of 14,897 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 16,442 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 16,442 shares, the short-interest ratio is presently 1.3 days. Approximately 1.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Liberty Atlantic Advisors LLC purchased a new position in Innovator U.S. Small Cap Managed Floor ETF in the fourth quarter valued at about $4,220,000. Winnow Wealth LLC grew its stake in shares of Innovator U.S. Small Cap Managed Floor ETF by 30.3% in the fourth quarter. Winnow Wealth LLC now owns 114,981 shares of the company’s stock valued at $3,334,000 after buying an additional 26,710 shares in the last quarter. CreativeOne Wealth LLC acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the fourth quarter valued at about $1,190,000. NewCorp Financial Services Inc. purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 4th quarter valued at about $1,016,000. Finally, Rothschild Wealth LLC raised its holdings in shares of Innovator U.S. Small Cap Managed Floor ETF by 99.9% during the 4th quarter. Rothschild Wealth LLC now owns 34,103 shares of the company’s stock valued at $971,000 after buying an additional 17,039 shares during the period.

Innovator U.S. Small Cap Managed Floor ETF Stock Down 0.2%

RFLR opened at $28.57 on Monday. Innovator U.S. Small Cap Managed Floor ETF has a 52-week low of $23.03 and a 52-week high of $33.43. The company has a 50 day moving average of $29.49 and a two-hundred day moving average of $28.57. The company has a market cap of $52.85 million, a P/E ratio of 15.96 and a beta of 1.29.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 31st were given a dividend of $0.0626 per share. This is a positive change from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.25 dividend on an annualized basis and a yield of 0.9%.

About Innovator U.S. Small Cap Managed Floor ETF

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.