Short Interest in Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Expands By 249.3%

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,502 shares, a growth of 249.3% from the July 15th total of 430 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 2,523 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – November

A number of hedge funds have recently added to or reduced their stakes in INOV. Maltin Wealth Management Inc. grew its stake in shares of Innovator International Developed Power Buffer ETF – November by 370.9% in the first quarter. Maltin Wealth Management Inc. now owns 144,572 shares of the company’s stock worth $5,015,000 after acquiring an additional 113,874 shares in the last quarter. Berkshire Money Management Inc. purchased a new stake in shares of Innovator International Developed Power Buffer ETF – November during the first quarter worth $8,910,000. Sigma Planning Corp acquired a new stake in shares of Innovator International Developed Power Buffer ETF – November in the first quarter valued at $780,000. Finally, Kestra Advisory Services LLC raised its stake in shares of Innovator International Developed Power Buffer ETF – November by 35.0% in the first quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock valued at $1,430,000 after acquiring an additional 10,690 shares in the last quarter. 33.15% of the stock is currently owned by institutional investors and hedge funds.

Innovator International Developed Power Buffer ETF – November Price Performance

Shares of NYSEARCA INOV traded down $0.01 during midday trading on Friday, hitting $38.03. The company’s stock had a trading volume of 18 shares, compared to its average volume of 10,322. The business’s fifty day simple moving average is $36.93 and its two-hundred day simple moving average is $36.14. Innovator International Developed Power Buffer ETF – November has a 1 year low of $32.64 and a 1 year high of $38.04. The firm has a market capitalization of $38.03 million, a price-to-earnings ratio of 111.85 and a beta of 0.29.

About Innovator International Developed Power Buffer ETF – November

The Innovator International Developed Power Buffer ETF November (INOV) 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 November 1. The actively-managed fund utilizes FLEX options and collateral. INOV was launched on Nov 1, 2023 and is issued by Innovator.