Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 60,419 shares, an increase of 107.5% from the August 15th total of 29,111 shares. Approximately 2.1% of the company’s stock are sold short. Based on an average daily volume of 12,465 shares, the short-interest ratio is currently 4.8 days.
Hedge Funds Weigh In On Innovator U.S. Small Cap Managed Floor ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. Sound Income Strategies LLC bought a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the first quarter valued at approximately $47,000. Triumph Capital Management purchased a new position in Innovator U.S. Small Cap Managed Floor ETF in the third quarter worth $72,000. Brookstone Capital Management purchased a new position in Innovator U.S. Small Cap Managed Floor ETF in the first quarter worth $220,000. Beacon Financial Strategies CORP bought a new position in Innovator U.S. Small Cap Managed Floor ETF in the 2nd quarter valued at $233,000. Finally, COFG Advisors LLC bought a new position in Innovator U.S. Small Cap Managed Floor ETF in the 4th quarter valued at $328,000.
Innovator U.S. Small Cap Managed Floor ETF Trading Down 0.0%
Shares of RFLR traded down $0.01 during trading hours on Monday, reaching $32.03. 44,622 shares of the stock traded hands, compared to its average volume of 16,206. Innovator U.S. Small Cap Managed Floor ETF has a 52 week low of $26.70 and a 52 week high of $35.17. The company has a market cap of $96.06 million, a price-to-earnings ratio of 15.96 and a beta of 0.59. The stock has a fifty day simple moving average of $32.72 and a 200 day simple moving average of $31.12.
Innovator U.S. Small Cap Managed Floor ETF Increases Dividend
Innovator U.S. Small Cap Managed Floor ETF Company Profile
The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.
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