Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Short Interest Down 55.4% in April

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 15,409 shares, a decline of 55.4% from the April 15th total of 34,525 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 120,118 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – October

A number of large investors have recently added to or reduced their stakes in POCT. Brookstone Capital Management raised its holdings in Innovator U.S. Equity Power Buffer ETF – October by 340.7% in the fourth quarter. Brookstone Capital Management now owns 893,154 shares of the company’s stock worth $39,227,000 after purchasing an additional 690,470 shares in the last quarter. Allworth Financial LP bought a new position in Innovator U.S. Equity Power Buffer ETF – October in the fourth quarter worth about $26,678,000. Wealth Enhancement Advisory Services LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – October by 157.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 831,988 shares of the company’s stock worth $36,774,000 after purchasing an additional 508,606 shares in the last quarter. Cerity Partners LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – October by 36.3% in the fourth quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock worth $69,304,000 after purchasing an additional 420,361 shares in the last quarter. Finally, Blair William & Co. IL raised its holdings in Innovator U.S. Equity Power Buffer ETF – October by 941.6% in the fourth quarter. Blair William & Co. IL now owns 371,926 shares of the company’s stock worth $16,335,000 after purchasing an additional 336,218 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Stock Performance

Shares of Innovator U.S. Equity Power Buffer ETF – October stock opened at $45.84 on Friday. The company has a market capitalization of $920.47 million, a PE ratio of 24.14 and a beta of 0.37. The company has a 50-day simple moving average of $44.30 and a two-hundred day simple moving average of $43.99. Innovator U.S. Equity Power Buffer ETF – October has a one year low of $39.55 and a one year high of $45.99.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

The Innovator S&P 500 Power Buffer ETF – October (POCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. POCT was launched on Oct 1, 2018 and is managed by Innovator.