Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Short Interest Up 8,142.7% in June

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 71,217 shares, an increase of 8,142.7% from the May 31st total of 864 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 98,018 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – October

Several institutional investors and hedge funds have recently modified their holdings of POCT. Alliancebernstein L.P. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 10.6% in the third quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock worth $85,503,000 after buying an additional 190,348 shares in the last quarter. Cerity Partners LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – October by 36.3% in the 4th quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock valued at $69,304,000 after acquiring an additional 420,361 shares during the last quarter. Brookstone Capital Management increased its holdings in Innovator U.S. Equity Power Buffer ETF – October by 340.7% in the 4th quarter. Brookstone Capital Management now owns 893,154 shares of the company’s stock valued at $39,227,000 after acquiring an additional 690,470 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – October by 157.3% in the 4th 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. Finally, Osaic Holdings Inc. lifted its stake in Innovator U.S. Equity Power Buffer ETF – October by 13.1% in the 4th quarter. Osaic Holdings Inc. now owns 795,864 shares of the company’s stock worth $34,954,000 after purchasing an additional 92,441 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Stock Down 0.1%

POCT stock traded down $0.04 during trading on Thursday, reaching $46.03. The company’s stock had a trading volume of 38,975 shares, compared to its average volume of 82,460. The company’s fifty day moving average is $45.78 and its 200-day moving average is $44.54. The company has a market capitalization of $924.28 million, a P/E ratio of 24.14 and a beta of 0.37. Innovator U.S. Equity Power Buffer ETF – October has a 1 year low of $40.97 and a 1 year high of $46.46.

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.