Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Short Interest Update

Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 198,336 shares, an increase of 115.7% from the May 14th total of 91,934 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 926,125 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Innovator Equity Managed Floor ETF

Several large investors have recently bought and sold shares of SFLR. Bank of America Corp DE increased its holdings in 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 valued at $141,236,000 after buying an additional 3,883,655 shares during the last quarter. LPL Financial LLC increased its holdings in 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 valued at $156,929,000 after buying an additional 601,796 shares during the last quarter. Liberty Atlantic Advisors LLC purchased a new position in Innovator Equity Managed Floor ETF in the fourth quarter valued at $20,483,000. Advisory Services Network LLC increased its holdings in Innovator Equity Managed Floor ETF by 2,450.4% in the fourth quarter. Advisory Services Network LLC now owns 273,117 shares of the company’s stock valued at $10,067,000 after buying an additional 262,408 shares during the last quarter. Finally, Americana Partners LLC purchased a new position in Innovator Equity Managed Floor ETF in the fourth quarter valued at $9,596,000.

Innovator Equity Managed Floor ETF Trading Up 0.3%

Shares of NYSEARCA SFLR opened at $38.24 on Friday. The stock has a market cap of $1.71 billion, a P/E ratio of 26.45 and a beta of 0.68. Innovator Equity Managed Floor ETF has a 12-month low of $32.74 and a 12-month high of $39.64. The business’s fifty day simple moving average is $37.42 and its 200-day simple moving average is $36.94.

About Innovator Equity Managed Floor ETF

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.