Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Shares Shorted: Short Interest Up 2,476.2% in October

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 541 shares, a growth of 2,476.2% from the October 15th total of 21 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 16,837 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Innovator International Developed Power Buffer ETF – November

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. purchased a new stake in Innovator International Developed Power Buffer ETF – November during the 3rd quarter valued at about $59,000. First Heartland Consultants Inc. acquired a new position in shares of Innovator International Developed Power Buffer ETF – November in the third quarter valued at about $211,000. HighTower Advisors LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – November in the third quarter valued at about $232,000. Diligent Investors LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – November in the third quarter worth about $368,000. Finally, IFP Advisors Inc raised its stake in shares of Innovator International Developed Power Buffer ETF – November by 3.2% in the second quarter. IFP Advisors Inc now owns 13,991 shares of the company’s stock worth $514,000 after purchasing an additional 437 shares during the last quarter. Institutional investors and hedge funds own 33.15% of the company’s stock.

Innovator International Developed Power Buffer ETF – November Stock Performance

Shares of NYSEARCA INOV traded down $0.19 during mid-day trading on Tuesday, hitting $36.73. The stock had a trading volume of 13,520 shares, compared to its average volume of 9,845. The company has a 50 day moving average of $36.98 and a two-hundred day moving average of $36.44. Innovator International Developed Power Buffer ETF – November has a twelve month low of $32.92 and a twelve month high of $38.15. The firm has a market cap of $42.97 million, a PE ratio of 108.03 and a beta of 0.31.

About Innovator International Developed Power Buffer ETF – November

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.