Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 23,954 shares, a decline of 66.4% from the June 15th total of 71,217 shares. Based on an average daily volume of 52,677 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Innovator U.S. Equity Power Buffer ETF – October Price Performance

Innovator U.S. Equity Power Buffer ETF – October stock opened at $46.68 on Monday. The stock has a market cap of $937.33 million, a price-to-earnings ratio of 24.14 and a beta of 0.37. The business has a 50-day simple moving average of $46.10 and a 200 day simple moving average of $44.77. Innovator U.S. Equity Power Buffer ETF – October has a 52 week low of $41.37 and a 52 week high of $46.71.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – October

A number of institutional investors have recently made changes to their positions in POCT. Alliancebernstein L.P. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 10.6% during the 3rd quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock valued at $85,503,000 after buying an additional 190,348 shares in the last quarter. Cerity Partners LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – October by 36.3% in the fourth quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock valued at $69,304,000 after acquiring an additional 420,361 shares during the last quarter. Brookstone Capital Management increased its stake in Innovator U.S. Equity Power Buffer ETF – October by 340.7% in the fourth quarter. Brookstone Capital Management now owns 893,154 shares of the company’s stock valued at $39,227,000 after acquiring an additional 690,470 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Innovator U.S. Equity Power Buffer ETF – October by 157.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 831,988 shares of the company’s stock valued at $36,774,000 after purchasing an additional 508,606 shares in the last quarter. Finally, Osaic Holdings Inc. raised its position in Innovator U.S. Equity Power Buffer ETF – October by 13.1% during the fourth quarter. Osaic Holdings Inc. now owns 795,864 shares of the company’s stock valued at $34,954,000 after purchasing an additional 92,441 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

The Innovator S&P 500 Power Buffer ETF – October (POCT) 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. POCT was launched on Oct 1, 2018 and is managed by Innovator.