Short Interest in Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) Decreases By 50.0%

Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,049 shares, a decrease of 50.0% from the April 30th total of 8,101 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 7,444 shares, the short-interest ratio is presently 0.5 days.

Innovator U.S. Equity Buffer ETF – October Stock Performance

Shares of BATS:BOCT opened at $52.97 on Monday. The company has a market cap of $269.09 million, a price-to-earnings ratio of 24.88 and a beta of 0.61. The company has a 50-day moving average price of $50.59 and a 200-day moving average price of $49.81. Innovator U.S. Equity Buffer ETF – October has a 12 month low of $43.44 and a 12 month high of $53.04.

Hedge Funds Weigh In On Innovator U.S. Equity Buffer ETF – October

Several hedge funds and other institutional investors have recently modified their holdings of BOCT. Cerity Partners LLC raised its stake in shares of Innovator U.S. Equity Buffer ETF – October by 8.7% during the second quarter. Cerity Partners LLC now owns 93,913 shares of the company’s stock valued at $4,268,000 after acquiring an additional 7,482 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – October during the second quarter valued at about $225,000. MML Investors Services LLC increased its position in shares of Innovator U.S. Equity Buffer ETF – October by 1.1% during the second quarter. MML Investors Services LLC now owns 24,500 shares of the company’s stock valued at $1,114,000 after buying an additional 258 shares during the period. Truist Financial Corp increased its position in shares of Innovator U.S. Equity Buffer ETF – October by 0.6% during the third quarter. Truist Financial Corp now owns 36,418 shares of the company’s stock valued at $1,763,000 after buying an additional 215 shares during the period. Finally, Foundations Investment Advisors LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – October during the third quarter valued at about $209,000.

About Innovator U.S. Equity Buffer ETF – October

The Innovator S&P 500 Buffer ETF – October (BOCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. BOCT was launched on Oct 1, 2018 and is managed by Innovator.