Short Interest in Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Drops By 77.9%

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,487 shares, a decrease of 77.9% from the November 30th total of 11,250 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 9,591 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 9,591 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Innovator U.S. Small Cap Managed Floor ETF Stock Up 0.4%

RFLR traded up $0.11 during midday trading on Thursday, hitting $29.09. 5,467 shares of the company were exchanged, compared to its average volume of 8,804. The firm has a market capitalization of $33.45 million, a P/E ratio of 15.96 and a beta of 1.29. Innovator U.S. Small Cap Managed Floor ETF has a 1-year low of $23.03 and a 1-year high of $31.45. The firm’s 50 day moving average price is $28.28 and its 200-day moving average price is $27.10.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were paid a $0.0502 dividend. This is an increase from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, September 30th.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RFLR. CoreCap Advisors LLC bought a new position in Innovator U.S. Small Cap Managed Floor ETF during the 3rd quarter worth approximately $44,000. Triumph Capital Management acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the third quarter worth $72,000. Worth Financial Advisory Group LLC acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the third quarter worth $369,000. Sentinus LLC raised its stake in Innovator U.S. Small Cap Managed Floor ETF by 90.2% during the second quarter. Sentinus LLC now owns 16,672 shares of the company’s stock worth $420,000 after buying an additional 7,906 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its holdings in Innovator U.S. Small Cap Managed Floor ETF by 22.6% in the second quarter. Signal Advisors Wealth LLC now owns 17,496 shares of the company’s stock valued at $441,000 after buying an additional 3,221 shares during the period.

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.