Short Interest in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Drops By 90.2%

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,340 shares, a decline of 90.2% from the June 30th total of 23,954 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 46,189 shares, the short-interest ratio is currently 0.1 days.

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

BATS:POCT opened at $46.45 on Friday. Innovator U.S. Equity Power Buffer ETF – October has a 52 week low of $41.45 and a 52 week high of $46.74. The firm’s fifty day moving average is $46.27 and its 200-day moving average is $44.94. The firm has a market cap of $932.72 million, a P/E ratio of 24.14 and a beta of 0.37.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Grp LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – October during the 1st quarter worth about $27,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the 3rd quarter valued at about $29,000. Community Financial Services Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the 2nd quarter valued at about $39,000. Key Capital Management INC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the 4th quarter valued at about $46,000. Finally, Stone House Investment Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter valued at about $71,000.

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.