Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) Stock Short Interest Jumps 555.6%

Innovator U.S. Equity Buffer ETF – October (BATS:BOCT) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 36,052 shares, a growth of 555.6% from the September 30th total of 5,499 shares. Based on an average daily trading volume, of 69,066 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.7% of the shares of the company are short sold.

Institutional Trading of Innovator U.S. Equity Buffer ETF – October

Large investors have recently added to or reduced their stakes in the company. Diversify Wealth Management LLC bought a new position in shares of Innovator U.S. Equity Buffer ETF – October in the 1st quarter valued at about $1,916,000. NewEdge Advisors LLC raised its position in Innovator U.S. Equity Buffer ETF – October by 447.8% during the first quarter. NewEdge Advisors LLC now owns 27,142 shares of the company’s stock valued at $1,302,000 after purchasing an additional 22,187 shares during the period. Integral Investment Advisors Inc. lifted its stake in shares of Innovator U.S. Equity Buffer ETF – October by 2.1% in the 2nd quarter. Integral Investment Advisors Inc. now owns 296,555 shares of the company’s stock valued at $15,724,000 after purchasing an additional 6,092 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Innovator U.S. Equity Buffer ETF – October by 3.8% in the 1st quarter. Cetera Investment Advisers now owns 156,613 shares of the company’s stock valued at $7,515,000 after purchasing an additional 5,729 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in shares of Innovator U.S. Equity Buffer ETF – October by 19.3% in the 1st quarter. Arkadios Wealth Advisors now owns 28,110 shares of the company’s stock valued at $1,349,000 after purchasing an additional 4,546 shares during the last quarter.

Innovator U.S. Equity Buffer ETF – October Stock Performance

BOCT opened at $55.47 on Wednesday. Innovator U.S. Equity Buffer ETF – October has a fifty-two week low of $46.84 and a fifty-two week high of $56.00. The firm’s fifty day moving average is $54.96 and its 200 day moving average is $52.15. The stock has a market cap of $281.79 million, a price-to-earnings ratio of 24.88 and a beta of 0.61.

About Innovator U.S. Equity Buffer ETF – October

The Innovator S&P 500 Buffer ETF – October (BOCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. BOCT was launched on Oct 1, 2018 and is managed by Innovator.