Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Short Interest Up 249.3% in July

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,502 shares, a growth of 249.3% from the July 15th total of 430 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 2,523 shares, the short-interest ratio is currently 0.6 days.

Innovator International Developed Power Buffer ETF – November Stock Performance

INOV opened at $38.03 on Friday. The stock has a market cap of $38.03 million, a price-to-earnings ratio of 111.85 and a beta of 0.29. The firm’s fifty day moving average is $36.93 and its 200 day moving average is $36.14. Innovator International Developed Power Buffer ETF – November has a fifty-two week low of $32.64 and a fifty-two week high of $38.04.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF – November

Several large investors have recently made changes to their positions in INOV. Berkshire Money Management Inc. bought a new position in shares of Innovator International Developed Power Buffer ETF – November in the first quarter worth about $8,910,000. Maltin Wealth Management Inc. lifted its holdings in Innovator International Developed Power Buffer ETF – November by 370.9% in the 1st quarter. Maltin Wealth Management Inc. now owns 144,572 shares of the company’s stock worth $5,015,000 after purchasing an additional 113,874 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in Innovator International Developed Power Buffer ETF – November by 35.0% in the 1st quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock worth $1,430,000 after purchasing an additional 10,690 shares during the period. Finally, Sigma Planning Corp bought a new position in Innovator International Developed Power Buffer ETF – November in the 1st quarter worth approximately $780,000. 33.15% of the stock is currently owned by hedge funds and other institutional investors.

Innovator International Developed Power Buffer ETF – November Company Profile

The Innovator International Developed Power Buffer ETF November (INOV) 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 November 1. The actively-managed fund utilizes FLEX options and collateral. INOV was launched on Nov 1, 2023 and is issued by Innovator.