Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Short Interest Up 8,142.7% in June

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 71,217 shares, a growth of 8,142.7% from the May 31st total of 864 shares. Based on an average daily volume of 98,018 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in POCT. Koshinski Asset Management Inc. raised its position in Innovator U.S. Equity Power Buffer ETF – October by 2.8% during the third quarter. Koshinski Asset Management Inc. now owns 8,484 shares of the company’s stock valued at $366,000 after purchasing an additional 234 shares during the period. Maridea Wealth Management LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 2.2% in the 1st quarter. Maridea Wealth Management LLC now owns 13,389 shares of the company’s stock worth $577,000 after purchasing an additional 284 shares during the period. Valmark Advisers Inc. boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 1.3% in the 4th quarter. Valmark Advisers Inc. now owns 26,217 shares of the company’s stock worth $1,151,000 after purchasing an additional 333 shares during the period. MTM Financial Group LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 0.5% during the 1st quarter. MTM Financial Group LLC now owns 69,222 shares of the company’s stock valued at $2,984,000 after purchasing an additional 354 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 0.9% during the 2nd quarter. Cerity Partners LLC now owns 42,599 shares of the company’s stock valued at $1,759,000 after purchasing an additional 378 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Stock Down 0.2%

Shares of BATS:POCT opened at $45.96 on Friday. Innovator U.S. Equity Power Buffer ETF – October has a 52 week low of $41.08 and a 52 week high of $46.46. The stock has a market capitalization of $922.88 million, a P/E ratio of 24.14 and a beta of 0.37. The firm has a fifty day simple moving average of $45.83 and a two-hundred day simple moving average of $44.57.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

The Innovator S&P 500 Power Buffer ETF – October (POCT) 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. POCT was launched on Oct 1, 2018 and is managed by Innovator.