Short Interest in Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Rises By 437.7%

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 74,165 shares, a growth of 437.7% from the July 30th total of 13,794 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average daily trading volume, of 65,384 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cornerstone Wealth LLC TN acquired a new position in shares of Innovator International Developed Power Buffer ETF in the 1st quarter valued at $2,611,000. HighTower Advisors LLC grew its position in Innovator International Developed Power Buffer ETF by 135.9% during the fourth quarter. HighTower Advisors LLC now owns 150,654 shares of the company’s stock valued at $4,288,000 after buying an additional 86,788 shares during the period. NewCorp Financial Services Inc. purchased a new position in Innovator International Developed Power Buffer ETF in the fourth quarter valued at $2,700,000. Independent Financial Group LLC purchased a new position in Innovator International Developed Power Buffer ETF in the first quarter valued at $1,481,000. Finally, Allworth Financial LP raised its position in shares of Innovator International Developed Power Buffer ETF by 12.8% in the fourth quarter. Allworth Financial LP now owns 712,624 shares of the company’s stock worth $20,281,000 after acquiring an additional 80,722 shares during the period.

Innovator International Developed Power Buffer ETF Price Performance

Shares of IAUG remained flat at $30.93 during mid-day trading on Friday. The stock had a trading volume of 5,334 shares, compared to its average volume of 17,345. Innovator International Developed Power Buffer ETF has a 1 year low of $27.30 and a 1 year high of $31.20. The firm has a market capitalization of $80.42 million, a PE ratio of 16.25 and a beta of 0.24. The company has a 50-day moving average price of $30.50 and a 200 day moving average price of $29.74.

About Innovator International Developed Power Buffer ETF

The Innovator International Developed Power Buffer ETF August (IAUG) 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 August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.