Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Short Interest Update

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,022 shares, an increase of 68.8% from the April 30th total of 1,790 shares. Based on an average daily volume of 21,559 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Innovator International Developed Power Buffer ETF – October Stock Up 0.3%

IOCT stock opened at $36.75 on Friday. The stock has a 50-day simple moving average of $36.08 and a two-hundred day simple moving average of $35.52. Innovator International Developed Power Buffer ETF – October has a twelve month low of $31.90 and a twelve month high of $36.85. The firm has a market capitalization of $181.18 million, a PE ratio of 17.05 and a beta of 0.44.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF – October

Several hedge funds have recently bought and sold shares of IOCT. Financial Network Wealth Advisors LLC lifted its stake in Innovator International Developed Power Buffer ETF – October by 196.9% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 873 shares of the company’s stock worth $30,000 after purchasing an additional 579 shares in the last quarter. AE Wealth Management LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – October during the 3rd quarter valued at $38,000. Advisory Services Network LLC bought a new position in shares of Innovator International Developed Power Buffer ETF – October in the third quarter worth $54,000. US Bancorp DE bought a new position in shares of Innovator International Developed Power Buffer ETF – October in the third quarter worth $61,000. Finally, DHJJ Financial Advisors Ltd. raised its position in shares of Innovator International Developed Power Buffer ETF – October by 311.8% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 2,553 shares of the company’s stock worth $89,000 after buying an additional 1,933 shares in the last quarter.

About Innovator International Developed Power Buffer ETF – October

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. IOCT was launched on Oct 1, 2021 and is managed by Innovator.