Innovator Premium Income 30 Barrier ETF – October (BATS:OCTJ) Shares Shorted: Short Interest Up 872.5% in October

Innovator Premium Income 30 Barrier ETF – October (BATS:OCTJ) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 2,295 shares, an increase of 872.5% from the September 30th total of 236 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,769 shares, the short-interest ratio is presently 0.8 days.

Innovator Premium Income 30 Barrier ETF – October Stock Performance

Shares of OCTJ stock opened at $23.93 on Wednesday. Innovator Premium Income 30 Barrier ETF – October has a 1 year low of $23.49 and a 1 year high of $24.32. The firm’s fifty day moving average price is $24.05 and its two-hundred day moving average price is $24.04. The firm has a market capitalization of $20.34 million, a P/E ratio of 24.03 and a beta of 0.12.

Innovator Premium Income 30 Barrier ETF – October Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.3177 per share. The ex-dividend date was Wednesday, September 30th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 5.3%. This is a negative change from Innovator Premium Income 30 Barrier ETF – October’s previous quarterly dividend of $0.3177.

Innovator Premium Income 30 Barrier ETF – October Company Profile

The Innovator Premium Income 30 Barrier ETF – October (OCTJ) 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 barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. OCTJ was launched on Sep 30, 2023 and is issued by Innovator.