Short Interest in Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) Declines By 44.1%

Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,553 shares, a decline of 44.1% from the July 15th total of 4,567 shares. Based on an average daily trading volume, of 5,838 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are short sold.

Innovator U.S. Equity Buffer ETF – October Stock Down 0.3%

BOCT stock opened at $54.32 on Wednesday. The company has a market cap of $275.95 million, a price-to-earnings ratio of 24.88 and a beta of 0.61. The business has a fifty day simple moving average of $53.27 and a 200-day simple moving average of $51.37. Innovator U.S. Equity Buffer ETF – October has a 52 week low of $46.39 and a 52 week high of $54.59.

Institutional Investors Weigh In On Innovator U.S. Equity Buffer ETF – October

Several institutional investors and hedge funds have recently added to or reduced their stakes in BOCT. Cerity Partners LLC grew its holdings in shares of Innovator U.S. Equity Buffer ETF – October by 8.7% during the 2nd quarter. Cerity Partners LLC now owns 93,913 shares of the company’s stock worth $4,268,000 after purchasing an additional 7,482 shares during the period. NewEdge Advisors LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – October during the second quarter worth approximately $225,000. MML Investors Services LLC increased its position in shares of Innovator U.S. Equity Buffer ETF – October by 1.1% in the second quarter. MML Investors Services LLC now owns 24,500 shares of the company’s stock worth $1,114,000 after acquiring an additional 258 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Innovator U.S. Equity Buffer ETF – October in the 3rd quarter valued at $741,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of Innovator U.S. Equity Buffer ETF – October by 0.9% during the 3rd quarter. Raymond James Financial Inc. now owns 38,897 shares of the company’s stock valued at $1,883,000 after acquiring an additional 362 shares in the last quarter.

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.