Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Sees Large Increase in Short Interest

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 15,885 shares, a growth of 58.0% from the November 30th total of 10,055 shares. Based on an average daily trading volume, of 7,089 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 7,089 shares, the days-to-cover ratio is currently 2.2 days.

Innovator International Developed Power Buffer ETF Price Performance

IAUG stock opened at $28.62 on Wednesday. Innovator International Developed Power Buffer ETF has a 1 year low of $23.94 and a 1 year high of $29.63. The firm has a 50-day moving average of $28.10 and a 200 day moving average of $27.74. The company has a market cap of $75.84 million, a P/E ratio of 16.25 and a beta of 0.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Allworth Financial LP bought a new position in shares of Innovator International Developed Power Buffer ETF during the third quarter valued at $17,613,000. Americana Partners LLC grew its position in Innovator International Developed Power Buffer ETF by 108.8% during the 3rd quarter. Americana Partners LLC now owns 153,540 shares of the company’s stock valued at $4,280,000 after purchasing an additional 80,003 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new stake in Innovator International Developed Power Buffer ETF during the 3rd quarter valued at about $2,903,000. Corrado Advisors LLC increased its stake in Innovator International Developed Power Buffer ETF by 98.5% during the 3rd quarter. Corrado Advisors LLC now owns 70,626 shares of the company’s stock valued at $1,969,000 after purchasing an additional 35,041 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new position in Innovator International Developed Power Buffer ETF in the third quarter worth about $1,780,000.

Innovator International Developed Power Buffer ETF Company Profile

The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.