Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) Stock Short Interest Rises 1,582.0%

Innovator International Developed Power Buffer ETF – October (NYSEARCA:IOCT) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 58,684 shares, an increase of 1,582.0% from the September 30th total of 3,489 shares. Based on an average daily trading volume, of 77,333 shares, the short-interest ratio is currently 0.8 days. Currently, 1.1% of the shares of the stock are sold short.

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

Hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC grew its holdings in shares of Innovator International Developed Power Buffer ETF – October by 51.0% in the first quarter. Kestra Advisory Services LLC now owns 51,882 shares of the company’s stock valued at $1,818,000 after purchasing an additional 17,512 shares in the last quarter. Talon Private Wealth LLC acquired a new stake in Innovator International Developed Power Buffer ETF – October in the 1st quarter valued at about $1,883,000. Cornerstone Wealth LLC TN acquired a new position in shares of Innovator International Developed Power Buffer ETF – October during the first quarter worth about $636,000. Fragasso Financial Advisors Inc purchased a new stake in shares of Innovator International Developed Power Buffer ETF – October during the third quarter worth approximately $675,000. Finally, Sunbelt Securities Inc. raised its holdings in Innovator International Developed Power Buffer ETF – October by 55.3% in the first quarter. Sunbelt Securities Inc. now owns 4,692 shares of the company’s stock valued at $164,000 after acquiring an additional 1,670 shares in the last quarter.

Innovator International Developed Power Buffer ETF – October Price Performance

IOCT traded up $0.08 on Monday, reaching $37.62. 25,406 shares of the company’s stock were exchanged, compared to its average volume of 18,900. Innovator International Developed Power Buffer ETF – October has a twelve month low of $33.49 and a twelve month high of $38.37. The stock has a market cap of $193.74 million, a PE ratio of 17.05 and a beta of 0.43. The stock’s fifty day moving average price is $37.93 and its 200-day moving average price is $36.70.

Innovator International Developed Power Buffer ETF – October Company Profile

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.