Innovator U.S. Small Cap Power Buffer ETF – October (BATS:KOCT) Sees Significant Growth in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – October (BATS:KOCT) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 58,969 shares, an increase of 6,309.7% from the September 30th total of 920 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average trading volume of 119,161 shares, the short-interest ratio is presently 0.5 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of KOCT. Schulz Wealth LTD. acquired a new stake in Innovator U.S. Small Cap Power Buffer ETF – October in the second quarter valued at approximately $222,000. Signaturefd LLC acquired a new stake in shares of Innovator U.S. Small Cap Power Buffer ETF – October in the 3rd quarter worth $246,000. CoreCap Advisors LLC grew its stake in Innovator U.S. Small Cap Power Buffer ETF – October by 48.3% during the 2nd quarter. CoreCap Advisors LLC now owns 6,957 shares of the company’s stock worth $260,000 after buying an additional 2,265 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in Innovator U.S. Small Cap Power Buffer ETF – October during the 3rd quarter worth $260,000. Finally, Citadel Advisors LLC grew its stake in Innovator U.S. Small Cap Power Buffer ETF – October by 12.5% during the 2nd quarter. Citadel Advisors LLC now owns 7,535 shares of the company’s stock worth $282,000 after buying an additional 836 shares during the last quarter.

Innovator U.S. Small Cap Power Buffer ETF – October Price Performance

Shares of KOCT stock opened at $37.71 on Tuesday. The stock’s 50-day moving average is $37.85 and its 200 day moving average is $36.29. Innovator U.S. Small Cap Power Buffer ETF – October has a 1-year low of $32.13 and a 1-year high of $38.96. The company has a market cap of $127.46 million, a P/E ratio of 11.78 and a beta of 0.58.

About Innovator U.S. Small Cap Power Buffer ETF – October

The Innovator U.S. Small Cap Power Buffer ETF – October (KOCT) is an exchange-traded fund that is based on the Russell 2000 index. The fund aims for specific buffered losses and capped gains on the Russell 2000 over a specific holdings period. The actively-managed fund holds options and collateral. KOCT was launched on Oct 1, 2019 and is managed by Innovator.