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

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 11,869 shares, a decrease of 50.3% from the December 31st total of 23,868 shares. Based on an average daily volume of 8,552 shares, the short-interest ratio is currently 1.4 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 8,552 shares, the short-interest ratio is currently 1.4 days.

Innovator International Developed Power Buffer ETF Stock Performance

Innovator International Developed Power Buffer ETF stock opened at $29.12 on Thursday. The firm has a market cap of $75.71 million, a price-to-earnings ratio of 16.25 and a beta of 0.20. Innovator International Developed Power Buffer ETF has a 1 year low of $23.94 and a 1 year high of $29.63. The firm’s 50 day moving average price is $28.48 and its two-hundred day moving average price is $27.98.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sigma Planning Corp purchased a new position in Innovator International Developed Power Buffer ETF in the 2nd quarter worth about $556,000. Osaic Holdings Inc. boosted its holdings in shares of Innovator International Developed Power Buffer ETF by 965.2% in the second quarter. Osaic Holdings Inc. now owns 10,439 shares of the company’s stock worth $287,000 after buying an additional 9,459 shares during the period. Fiduciary Financial Group LLC increased its position in shares of Innovator International Developed Power Buffer ETF by 15.4% in the third quarter. Fiduciary Financial Group LLC now owns 13,838 shares of the company’s stock worth $386,000 after acquiring an additional 1,848 shares in the last quarter. PFS Partners LLC raised its holdings in shares of Innovator International Developed Power Buffer ETF by 111.9% during the third quarter. PFS Partners LLC now owns 6,193 shares of the company’s stock valued at $173,000 after acquiring an additional 3,271 shares during the period. Finally, Vestment Financial LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF in the 3rd quarter valued at approximately $322,000.

About Innovator International Developed Power Buffer ETF

The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.