Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Down 58.6% in May

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 8,229 shares, a drop of 58.6% from the April 30th total of 19,884 shares. Based on an average daily volume of 8,320 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Innovator U.S. Small Cap Managed Floor ETF

Large investors have recently made changes to their positions in the company. Rothschild Wealth LLC raised its holdings in shares of Innovator U.S. Small Cap Managed Floor ETF by 99.9% during the fourth quarter. Rothschild Wealth LLC now owns 34,103 shares of the company’s stock valued at $971,000 after acquiring an additional 17,039 shares during the period. Winnow Wealth LLC acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the 3rd quarter valued at about $2,472,000. Liberty Atlantic Advisors LLC acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 4th quarter valued at $4,220,000. NewCorp Financial Services Inc. acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 4th quarter valued at $1,016,000. Finally, Worth Financial Advisory Group LLC boosted its stake in shares of Innovator U.S. Small Cap Managed Floor ETF by 17.6% during the 4th quarter. Worth Financial Advisory Group LLC now owns 15,629 shares of the company’s stock valued at $445,000 after buying an additional 2,339 shares during the period.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

Shares of NYSEARCA:RFLR traded up $0.10 during midday trading on Monday, reaching $31.02. The company had a trading volume of 6,992 shares, compared to its average volume of 18,716. Innovator U.S. Small Cap Managed Floor ETF has a 1-year low of $24.14 and a 1-year high of $33.43. The firm has a market cap of $79.10 million, a price-to-earnings ratio of 15.96 and a beta of 0.65. The company has a fifty day simple moving average of $29.93 and a two-hundred day simple moving average of $29.33.

Innovator U.S. Small Cap Managed Floor ETF Company Profile

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.