Short Interest in Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) Drops By 63.4%

Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 1,153 shares, a decrease of 63.4% from the April 30th total of 3,148 shares. Based on an average daily volume of 1,729 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are sold short.

Innovator Premium Income 20 Barrier ETF – October Price Performance

Shares of BATS OCTH opened at $24.25 on Friday. Innovator Premium Income 20 Barrier ETF – October has a 12-month low of $23.41 and a 12-month high of $24.56. The company has a market capitalization of $18.79 million, a PE ratio of 24.11 and a beta of 0.17. The firm’s 50-day moving average is $23.97 and its two-hundred day moving average is $24.03.

Hedge Funds Weigh In On Innovator Premium Income 20 Barrier ETF – October

Institutional investors and hedge funds have recently modified their holdings of the company. Motiv8 Investments LLC purchased a new position in shares of Innovator Premium Income 20 Barrier ETF – October during the fourth quarter valued at approximately $43,000. Blue Trust Inc. purchased a new position in shares of Innovator Premium Income 20 Barrier ETF – October during the fourth quarter valued at approximately $73,000. Winnow Wealth LLC purchased a new position in shares of Innovator Premium Income 20 Barrier ETF – October during the fourth quarter valued at approximately $128,000. Commonwealth Equity Services LLC lifted its stake in shares of Innovator Premium Income 20 Barrier ETF – October by 8.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,798 shares of the company’s stock valued at $259,000 after buying an additional 835 shares during the period. Finally, Foundations Investment Advisors LLC purchased a new position in shares of Innovator Premium Income 20 Barrier ETF – October during the fourth quarter valued at approximately $259,000.

About Innovator Premium Income 20 Barrier ETF – October

The Innovator Premium Income 20 Barrier ETF – October (OCTH) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. OCTH was launched on Sep 30, 2023 and is issued by Innovator.