Short Interest in Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Declines By 75.5%

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,340 shares, a drop of 75.5% from the May 31st total of 13,611 shares. Based on an average daily volume of 2,718 shares, the short-interest ratio is currently 1.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of Innovator International Developed Power Buffer ETF

Hedge funds have recently modified their holdings of the stock. Gill Capital Partners LLC lifted its position in shares of Innovator International Developed Power Buffer ETF by 4.5% during the 4th quarter. Gill Capital Partners LLC now owns 45,449 shares of the company’s stock valued at $1,293,000 after acquiring an additional 1,954 shares during the period. PFG Advisors acquired a new stake in Innovator International Developed Power Buffer ETF in the third quarter worth $211,000. Kestra Advisory Services LLC increased its stake in Innovator International Developed Power Buffer ETF by 32.3% in the first quarter. Kestra Advisory Services LLC now owns 34,127 shares of the company’s stock valued at $978,000 after purchasing an additional 8,326 shares in the last quarter. BCS Wealth Management bought a new stake in Innovator International Developed Power Buffer ETF in the fourth quarter valued at $240,000. Finally, Royal Bank of Canada acquired a new position in shares of Innovator International Developed Power Buffer ETF during the fourth quarter valued at about $249,000.

Innovator International Developed Power Buffer ETF Stock Performance

Shares of IAUG stock opened at $30.03 on Friday. Innovator International Developed Power Buffer ETF has a fifty-two week low of $26.81 and a fifty-two week high of $30.16. The stock has a 50 day simple moving average of $29.73 and a two-hundred day simple moving average of $29.17. The company has a market cap of $46.55 million, a P/E ratio of 16.25 and a beta of 0.24.

Innovator International Developed Power Buffer ETF Company Profile

The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.