Short Interest in Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Drops By 83.4%

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 304 shares, a decline of 83.4% from the April 30th total of 1,831 shares. Based on an average daily trading volume, of 2,537 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

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

A number of hedge funds have recently bought and sold shares of the business. Berkshire Money Management Inc. purchased a new stake in Innovator International Developed Power Buffer ETF – November during the first quarter valued at $8,910,000. Maltin Wealth Management Inc. raised its stake in Innovator International Developed Power Buffer ETF – November by 370.9% during the first quarter. Maltin Wealth Management Inc. now owns 144,572 shares of the company’s stock valued at $5,015,000 after purchasing an additional 113,874 shares in the last quarter. Kestra Advisory Services LLC raised its stake in Innovator International Developed Power Buffer ETF – November by 35.0% during the first quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock valued at $1,430,000 after purchasing an additional 10,690 shares in the last quarter. Finally, Sigma Planning Corp purchased a new stake in Innovator International Developed Power Buffer ETF – November during the first quarter valued at $780,000. Hedge funds and other institutional investors own 33.15% of the company’s stock.

Innovator International Developed Power Buffer ETF – November Stock Performance

INOV stock opened at $36.49 on Thursday. Innovator International Developed Power Buffer ETF – November has a one year low of $31.57 and a one year high of $36.59. The company’s fifty day moving average price is $35.59 and its 200-day moving average price is $35.12. The company has a market capitalization of $55.46 million, a PE ratio of 107.32 and a beta of 0.30.

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.