Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) Sees Large Growth in Short Interest

Innovator International Developed Power Buffer ETF – December (NYSEARCA:IDEC) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 763 shares, an increase of 234.6% from the April 30th total of 228 shares. Based on an average daily volume of 1,211 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

Innovator International Developed Power Buffer ETF – December Stock Performance

Shares of Innovator International Developed Power Buffer ETF – December stock traded up $0.13 during trading hours on Friday, hitting $34.25. The company’s stock had a trading volume of 234 shares, compared to its average volume of 8,514. Innovator International Developed Power Buffer ETF – December has a twelve month low of $29.39 and a twelve month high of $34.18. The firm has a fifty day moving average of $33.32 and a 200-day moving average of $32.90. The stock has a market cap of $45.55 million, a price-to-earnings ratio of 16.21 and a beta of 0.32.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – December

Several institutional investors and hedge funds have recently modified their holdings of the company. Syon Capital LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – December in the 4th quarter valued at $3,088,000. Corrado Advisors LLC raised its holdings in shares of Innovator International Developed Power Buffer ETF – December by 250.3% in the 4th quarter. Corrado Advisors LLC now owns 79,042 shares of the company’s stock valued at $2,552,000 after buying an additional 56,475 shares during the period. Belpointe Asset Management LLC raised its holdings in shares of Innovator International Developed Power Buffer ETF – December by 274.8% in the 4th quarter. Belpointe Asset Management LLC now owns 49,855 shares of the company’s stock valued at $1,610,000 after buying an additional 36,555 shares during the period. Osaic Holdings Inc. raised its holdings in shares of Innovator International Developed Power Buffer ETF – December by 112.6% in the 4th quarter. Osaic Holdings Inc. now owns 43,867 shares of the company’s stock valued at $1,417,000 after buying an additional 23,237 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Innovator International Developed Power Buffer ETF – December by 335.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 43,089 shares of the company’s stock valued at $1,391,000 after buying an additional 33,204 shares during the period.

About Innovator International Developed Power Buffer ETF – December

The Innovator International Developed Power Buffer ETF December (IDEC) is an exchange-traded fund that mostly invests in total market equity. The fund aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral. IDEC was launched on Nov 30, 2023 and is issued by Innovator.