Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Shares Shorted: Short Interest Up 82.8% in September

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,442 shares, a growth of 82.8% from the August 31st total of 1,336 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 58,096 shares, the days-to-cover ratio is currently 0.0 days.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.0%

BATS POCT opened at $47.81 on Wednesday. The company’s 50-day moving average price is $47.28 and its 200-day moving average price is $46.01. The stock has a market cap of $960.02 million, a PE ratio of 24.14 and a beta of 0.37. Innovator U.S. Equity Power Buffer ETF – October has a 12 month low of $42.28 and a 12 month high of $47.86.

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

A number of hedge funds have recently added to or reduced their stakes in POCT. Capital Square LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the second quarter valued at approximately $403,000. Community Financial Services Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – October in the second quarter worth approximately $39,000. Elmwood Wealth Management Inc. grew its stake in Innovator U.S. Equity Power Buffer ETF – October by 3.3% in the second quarter. Elmwood Wealth Management Inc. now owns 12,605 shares of the company’s stock worth $585,000 after purchasing an additional 400 shares in the last quarter. MTM Financial Group LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – October by 0.5% during the 1st quarter. MTM Financial Group LLC now owns 69,222 shares of the company’s stock worth $2,984,000 after purchasing an additional 354 shares during the period. Finally, Glenmede Trust Co. NA purchased a new position in Innovator U.S. Equity Power Buffer ETF – October during the 1st quarter worth $1,296,000.

About Innovator U.S. Equity Power Buffer ETF – October

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.