Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) Short Interest Up 95.6% in August

Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,017 shares, a growth of 95.6% from the August 15th total of 520 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. KFG Wealth Management LLC boosted its stake in shares of Innovator Premium Income 15 Buffer ETF – October by 6.5% during the second quarter. KFG Wealth Management LLC now owns 13,593 shares of the company’s stock valued at $325,000 after purchasing an additional 831 shares during the period. MTM Financial Group LLC increased its stake in Innovator Premium Income 15 Buffer ETF – October by 5.3% in the 1st quarter. MTM Financial Group LLC now owns 121,064 shares of the company’s stock worth $2,852,000 after buying an additional 6,077 shares during the period. World Investment Advisors purchased a new position in Innovator Premium Income 15 Buffer ETF – October in the 4th quarter worth about $209,000. Finally, Arista Wealth Management LLC bought a new stake in Innovator Premium Income 15 Buffer ETF – October during the 4th quarter valued at about $387,000.

Innovator Premium Income 15 Buffer ETF – October Price Performance

LOCT stock opened at $23.89 on Thursday. Innovator Premium Income 15 Buffer ETF – October has a 12 month low of $23.48 and a 12 month high of $24.05. The company has a 50-day moving average price of $23.91 and a 200 day moving average price of $23.87.

Innovator Premium Income 15 Buffer ETF – October Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were paid a $0.1028 dividend. The ex-dividend date of this dividend was Friday, July 31st. This is an increase from Innovator Premium Income 15 Buffer ETF – October’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 5.2%.

Innovator Premium Income 15 Buffer ETF – October Company Profile

The Innovator Premium Income 15 Buffer ETF – October (LOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective buffer against the first 15% of losses stemming from the decline in the S&P 500 Index. The exposure resets each year in October LOCT was launched on Sep 30, 2023 and is issued by Innovator.