Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) Short Interest Up 95.6% in August

Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,017 shares, an increase of 95.6% from the August 15th total of 520 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Innovator Premium Income 15 Buffer ETF – October

Institutional investors have recently added to or reduced their stakes in the stock. MTM Financial Group LLC lifted its stake in Innovator Premium Income 15 Buffer ETF – October by 5.3% in the 1st quarter. MTM Financial Group LLC now owns 121,064 shares of the company’s stock valued at $2,852,000 after purchasing an additional 6,077 shares during the last quarter. Arista Wealth Management LLC bought a new stake in shares of Innovator Premium Income 15 Buffer ETF – October during the fourth quarter worth $387,000. KFG Wealth Management LLC grew its stake in shares of Innovator Premium Income 15 Buffer ETF – October by 6.5% during the second quarter. KFG Wealth Management LLC now owns 13,593 shares of the company’s stock worth $325,000 after buying an additional 831 shares during the last quarter. Finally, World Investment Advisors acquired a new position in shares of Innovator Premium Income 15 Buffer ETF – October during the fourth quarter worth $209,000.

Innovator Premium Income 15 Buffer ETF – October Trading Up 0.0%

Innovator Premium Income 15 Buffer ETF – October stock opened at $23.88 on Tuesday. Innovator Premium Income 15 Buffer ETF – October has a 12-month low of $23.48 and a 12-month high of $24.05. The business’s 50-day moving average price is $23.91 and its two-hundred day moving average price is $23.87.

Innovator Premium Income 15 Buffer ETF – October Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were paid a $0.1028 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Friday, July 31st. This is an increase from Innovator Premium Income 15 Buffer ETF – October’s previous monthly dividend of $0.10.

Innovator Premium Income 15 Buffer ETF – October Company Profile

The Innovator Premium Income 15 Buffer ETF – October (LOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective buffer against the first 15% of losses stemming from the decline in the S&P 500 Index. The exposure resets each year in October LOCT was launched on Sep 30, 2023 and is issued by Innovator.