Short Interest in Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Increases By 166.1%

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 46,051 shares, a growth of 166.1% from the December 31st total of 17,309 shares. Based on an average daily volume of 33,200 shares, the short-interest ratio is currently 1.4 days. Approximately 2.6% of the company’s shares are short sold. Approximately 2.6% of the company’s shares are short sold. Based on an average daily volume of 33,200 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Harbour Investments Inc. lifted its stake in shares of Innovator U.S. Small Cap Managed Floor ETF by 299.9% during the 2nd quarter. Harbour Investments Inc. now owns 41,105 shares of the company’s stock worth $1,036,000 after buying an additional 30,825 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in Innovator U.S. Small Cap Managed Floor ETF during the second quarter worth approximately $617,000. Sentinus LLC boosted its holdings in shares of Innovator U.S. Small Cap Managed Floor ETF by 90.2% during the second quarter. Sentinus LLC now owns 16,672 shares of the company’s stock worth $420,000 after acquiring an additional 7,906 shares during the period. Jane Street Group LLC acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the second quarter valued at approximately $550,000. Finally, Worth Financial Advisory Group LLC acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the third quarter valued at approximately $369,000.

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

Shares of Innovator U.S. Small Cap Managed Floor ETF stock traded up $0.06 on Thursday, hitting $29.53. 3,715 shares of the company’s stock traded hands, compared to its average volume of 26,790. Innovator U.S. Small Cap Managed Floor ETF has a one year low of $23.03 and a one year high of $33.43. The stock has a market capitalization of $53.15 million, a PE ratio of 15.96 and a beta of 1.29. The firm’s 50-day moving average price is $28.92 and its two-hundred day moving average price is $27.82.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.0626 per share. This is a boost from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Wednesday, December 31st. This represents a $0.25 dividend on an annualized basis and a yield of 0.8%.

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.