Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Up 92.4% in July

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 36,227 shares, a growth of 92.4% from the June 30th total of 18,829 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily volume of 12,448 shares, the short-interest ratio is currently 2.9 days.

Institutional Trading of Innovator U.S. Small Cap Managed Floor ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC purchased a new stake in Innovator U.S. Small Cap Managed Floor ETF in the first quarter valued at approximately $47,000. Triumph Capital Management bought a new stake in Innovator U.S. Small Cap Managed Floor ETF during the third quarter valued at approximately $72,000. Perigon Wealth Management LLC purchased a new position in Innovator U.S. Small Cap Managed Floor ETF in the 4th quarter worth approximately $213,000. Brookstone Capital Management purchased a new position in Innovator U.S. Small Cap Managed Floor ETF in the 1st quarter worth approximately $220,000. Finally, Beacon Financial Strategies CORP bought a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the 2nd quarter worth $233,000.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

Shares of NYSEARCA RFLR opened at $32.13 on Thursday. The stock has a market cap of $91.57 million, a PE ratio of 15.96 and a beta of 0.59. Innovator U.S. Small Cap Managed Floor ETF has a fifty-two week low of $25.31 and a fifty-two week high of $33.43. The stock has a fifty day moving average of $31.81 and a 200-day moving average of $30.38.

Innovator U.S. Small Cap Managed Floor ETF Company Profile

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.