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

Innovator Premium Income 20 Barrier ETF – October (BATS:OCTH) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 18 shares, a decline of 84.7% from the June 30th total of 118 shares. Based on an average daily trading volume, of 2,430 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Motiv8 Investments LLC bought a new position in Innovator Premium Income 20 Barrier ETF – October during the 4th quarter worth approximately $43,000. Blue Trust Inc. bought a new stake in shares of Innovator Premium Income 20 Barrier ETF – October during the fourth quarter worth $73,000. Winnow Wealth LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – October in the 4th quarter worth $128,000. Foundations Investment Advisors LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – October in the 4th quarter worth $259,000. Finally, Commonwealth Equity Services LLC increased its holdings in Innovator Premium Income 20 Barrier ETF – October by 8.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,798 shares of the company’s stock worth $259,000 after purchasing an additional 835 shares in the last quarter.

Innovator Premium Income 20 Barrier ETF – October Price Performance

Shares of BATS OCTH opened at $24.02 on Friday. The company’s 50 day simple moving average is $24.18 and its 200 day simple moving average is $24.04. Innovator Premium Income 20 Barrier ETF – October has a fifty-two week low of $23.41 and a fifty-two week high of $24.56. The firm has a market capitalization of $18.62 million, a P/E ratio of 24.11 and a beta of 0.17.

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.