Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Short Interest Up 117.4% in June

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 3,422 shares, a growth of 117.4% from the June 15th total of 1,574 shares. Based on an average trading volume of 10,438 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of IOCT. Jane Street Group LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – October during the 1st quarter worth approximately $220,000. NewEdge Advisors LLC grew its holdings in Innovator International Developed Power Buffer ETF – October by 8.0% during the 2nd quarter. NewEdge Advisors LLC now owns 55,853 shares of the company’s stock valued at $1,836,000 after buying an additional 4,118 shares during the last quarter. Raymond James Financial Inc. increased its position in Innovator International Developed Power Buffer ETF – October by 17.0% during the second quarter. Raymond James Financial Inc. now owns 22,277 shares of the company’s stock worth $732,000 after buying an additional 3,232 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in Innovator International Developed Power Buffer ETF – October during the second quarter worth $280,000. Finally, Captrust Financial Advisors increased its position in Innovator International Developed Power Buffer ETF – October by 13.9% during the second quarter. Captrust Financial Advisors now owns 85,395 shares of the company’s stock worth $2,807,000 after buying an additional 10,400 shares in the last quarter.

Innovator International Developed Power Buffer ETF – October Trading Down 0.4%

Shares of IOCT opened at $37.07 on Friday. The stock has a market cap of $170.52 million, a P/E ratio of 17.05 and a beta of 0.43. The company has a 50-day moving average of $36.75 and a two-hundred day moving average of $36.05. Innovator International Developed Power Buffer ETF – October has a 12-month low of $31.95 and a 12-month high of $37.29.

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.