Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Short Interest Down 59.4% in April

Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 86,459 shares, a decrease of 59.4% from the April 15th total of 213,108 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 169,697 shares, the short-interest ratio is currently 0.5 days.

Innovator Equity Managed Floor ETF Trading Down 0.5%

NYSEARCA SFLR opened at $37.89 on Friday. The company’s 50-day moving average price is $36.42 and its 200-day moving average price is $36.66. The stock has a market cap of $1.69 billion, a PE ratio of 26.45 and a beta of 0.67. Innovator Equity Managed Floor ETF has a 12 month low of $31.82 and a 12 month high of $38.13.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SFLR. Bank of America Corp DE grew its holdings in shares of Innovator Equity Managed Floor ETF by 10,697.3% in the third quarter. Bank of America Corp DE now owns 3,919,960 shares of the company’s stock worth $141,236,000 after purchasing an additional 3,883,655 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Innovator Equity Managed Floor ETF by 16.5% in the fourth quarter. LPL Financial LLC now owns 4,257,434 shares of the company’s stock worth $156,929,000 after purchasing an additional 601,796 shares during the last quarter. Liberty Atlantic Advisors LLC bought a new position in Innovator Equity Managed Floor ETF during the 4th quarter worth about $20,483,000. Advisory Services Network LLC grew its holdings in Innovator Equity Managed Floor ETF by 2,450.4% during the 4th quarter. Advisory Services Network LLC now owns 273,117 shares of the company’s stock worth $10,067,000 after acquiring an additional 262,408 shares in the last quarter. Finally, Americana Partners LLC bought a new position in Innovator Equity Managed Floor ETF during the 4th quarter worth about $9,596,000.

Innovator Equity Managed Floor ETF Company Profile

The Innovator Equity Managed Floor ETF (SFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio of large-cap US stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis. SFLR was launched on Nov 8, 2022 and is managed by Innovator.