Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Stock Short Interest Jumps 2,037.3%

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 52,194 shares, an increase of 2,037.3% from the September 15th total of 2,442 shares. Based on an average daily trading volume, of 113,562 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

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

Innovator U.S. Equity Power Buffer ETF – October stock opened at $48.46 on Friday. The firm has a market capitalization of $973.08 million, a price-to-earnings ratio of 24.14 and a beta of 0.37. The company’s 50 day simple moving average is $47.56 and its 200 day simple moving average is $46.27. Innovator U.S. Equity Power Buffer ETF – October has a fifty-two week low of $42.28 and a fifty-two week high of $48.54.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the 3rd quarter worth approximately $22,790,000. Janney Montgomery Scott LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – October by 3.7% during the first quarter. Janney Montgomery Scott LLC now owns 280,834 shares of the company’s stock worth $12,107,000 after purchasing an additional 10,130 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – October by 20.0% during the first quarter. Kestra Advisory Services LLC now owns 254,520 shares of the company’s stock worth $10,972,000 after purchasing an additional 42,469 shares during the last quarter. Weaver Consulting Group bought a new position in Innovator U.S. Equity Power Buffer ETF – October in the third quarter valued at $9,098,000. Finally, Cornerstone Wealth LLC TN bought a new position in Innovator U.S. Equity Power Buffer ETF – October in the first quarter valued at $8,215,000.

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.