Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Up 92.4% in July

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 36,227 shares, an increase of 92.4% from the June 30th total of 18,829 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 12,448 shares, the short-interest ratio is currently 2.9 days.

Innovator U.S. Small Cap Managed Floor ETF Trading Down 1.0%

Innovator U.S. Small Cap Managed Floor ETF stock opened at $32.13 on Thursday. The firm has a market capitalization of $91.57 million, a price-to-earnings ratio of 15.96 and a beta of 0.59. The firm’s fifty day moving average price is $31.81 and its two-hundred day moving average price is $30.38. Innovator U.S. Small Cap Managed Floor ETF has a 1-year low of $25.31 and a 1-year high of $33.43.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in Innovator U.S. Small Cap Managed Floor ETF during the first quarter worth about $47,000. Triumph Capital Management bought a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the 3rd quarter valued at approximately $72,000. Perigon Wealth Management LLC bought a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the 4th quarter valued at approximately $213,000. Brookstone Capital Management purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 1st quarter worth approximately $220,000. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 2nd quarter worth approximately $233,000.

About Innovator U.S. Small Cap Managed Floor ETF

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.