Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Short Interest Down 29.3% in October

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 11,800 shares, a drop of 29.3% from the September 30th total of 16,700 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 41,800 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 41,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.5% of the company’s stock are sold short.

Innovator International Developed Power Buffer ETF Stock Down 0.6%

Shares of NYSEARCA:IAUG traded down $0.18 during mid-day trading on Tuesday, reaching $27.76. 2,065 shares of the stock were exchanged, compared to its average volume of 15,693. The company has a market cap of $73.56 million, a P/E ratio of 16.25 and a beta of 0.20. Innovator International Developed Power Buffer ETF has a one year low of $23.94 and a one year high of $29.63. The stock’s 50 day simple moving average is $27.83 and its 200-day simple moving average is $27.28.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Harbour Investments Inc. grew its stake in Innovator International Developed Power Buffer ETF by 12.0% in the first quarter. Harbour Investments Inc. now owns 4,807 shares of the company’s stock valued at $122,000 after purchasing an additional 514 shares in the last quarter. JDM Financial Group LLC bought a new position in Innovator International Developed Power Buffer ETF in the third quarter valued at approximately $31,000. Fiduciary Financial Group LLC grew its stake in Innovator International Developed Power Buffer ETF by 15.4% in the third quarter. Fiduciary Financial Group LLC now owns 13,838 shares of the company’s stock valued at $386,000 after purchasing an additional 1,848 shares in the last quarter. PFS Partners LLC grew its stake in Innovator International Developed Power Buffer ETF by 111.9% in the third quarter. PFS Partners LLC now owns 6,193 shares of the company’s stock valued at $173,000 after purchasing an additional 3,271 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in Innovator International Developed Power Buffer ETF in the third quarter valued at approximately $103,000.

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.