Short Interest in Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Increases By 249.3%

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,502 shares, a growth of 249.3% from the July 15th total of 430 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,523 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – November

Several hedge funds have recently added to or reduced their stakes in the business. Maltin Wealth Management Inc. grew its stake in shares of Innovator International Developed Power Buffer ETF – November by 370.9% in the first quarter. Maltin Wealth Management Inc. now owns 144,572 shares of the company’s stock worth $5,015,000 after purchasing an additional 113,874 shares during the last quarter. Berkshire Money Management Inc. acquired a new position in shares of Innovator International Developed Power Buffer ETF – November in the first quarter worth approximately $8,910,000. Sigma Planning Corp acquired a new position in shares of Innovator International Developed Power Buffer ETF – November in the first quarter worth approximately $780,000. Finally, Kestra Advisory Services LLC lifted its stake in shares of Innovator International Developed Power Buffer ETF – November by 35.0% in the first quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock worth $1,430,000 after acquiring an additional 10,690 shares during the period. 33.15% of the stock is currently owned by institutional investors and hedge funds.

Innovator International Developed Power Buffer ETF – November Price Performance

INOV traded up $0.17 during trading on Thursday, hitting $38.06. 162 shares of the stock traded hands, compared to its average volume of 10,456. Innovator International Developed Power Buffer ETF – November has a twelve month low of $32.64 and a twelve month high of $37.99. The business has a 50 day moving average price of $36.86 and a 200 day moving average price of $36.11. The company has a market cap of $38.06 million, a price-to-earnings ratio of 111.95 and a beta of 0.29.

Innovator International Developed Power Buffer ETF – November Company Profile

The Innovator International Developed Power Buffer ETF November (INOV) 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 November 1. The actively-managed fund utilizes FLEX options and collateral. INOV was launched on Nov 1, 2023 and is issued by Innovator.