Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) Sees Large Decrease in Short Interest

Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 118 shares, a drop of 89.8% from the May 14th total of 1,153 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,085 shares, the days-to-cover ratio is currently 0.1 days.

Innovator Premium Income 20 Barrier ETF – October Stock Performance

Innovator Premium Income 20 Barrier ETF – October stock opened at $24.24 on Wednesday. The firm has a market capitalization of $18.79 million, a PE ratio of 24.11 and a beta of 0.17. Innovator Premium Income 20 Barrier ETF – October has a one year low of $23.41 and a one year high of $24.56. The stock’s 50 day moving average price is $24.04 and its 200 day moving average price is $24.04.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in OCTH. Whipplewood Advisors LLC boosted its stake in shares of Innovator Premium Income 20 Barrier ETF – October by 3.6% in the third quarter. Whipplewood Advisors LLC now owns 30,828 shares of the company’s stock valued at $741,000 after purchasing an additional 1,058 shares during the period. Blue Trust Inc. purchased a new stake in Innovator Premium Income 20 Barrier ETF – October during the 4th quarter worth $73,000. Valtinson Bruner Financial Planning LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – October in the 4th quarter worth $396,000. Foundations Investment Advisors LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – October in the 4th quarter worth $259,000. Finally, Winnow Wealth LLC purchased a new position in Innovator Premium Income 20 Barrier ETF – October in the 4th quarter valued at about $128,000.

About Innovator Premium Income 20 Barrier ETF – October

The Innovator Premium Income 20 Barrier ETF – October (OCTH) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. OCTH was launched on Sep 30, 2023 and is issued by Innovator.