Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) Sees Large Decrease in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 20,802 shares, a drop of 75.6% from the October 15th total of 85,379 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 219,992 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Innovator U.S. Equity Ultra Buffer ETF – October

Hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – October during the third quarter valued at about $518,000. Money Concepts Capital Corp purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – October during the 3rd quarter worth approximately $350,000. Commonwealth Equity Services LLC purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October during the third quarter worth $15,507,000. Partners Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October in the 3rd quarter valued at about $921,000. Finally, IMG Wealth Management Inc. boosted its position in Innovator U.S. Equity Ultra Buffer ETF – October by 13.1% in the 3rd quarter. IMG Wealth Management Inc. now owns 81,672 shares of the company’s stock worth $3,463,000 after purchasing an additional 9,456 shares in the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – October Stock Down 0.2%

UOCT opened at $42.29 on Friday. The company has a market capitalization of $268.54 million, a P/E ratio of 22.71 and a beta of 0.37. Innovator U.S. Equity Ultra Buffer ETF – October has a 52 week low of $37.72 and a 52 week high of $42.95. The stock’s fifty day moving average is $42.39 and its two-hundred day moving average is $40.83.

Innovator U.S. Equity Ultra Buffer ETF – October Company Profile

(Get Free Report)

The Innovator S&P 500 Ultra Buffer ETF – October (UOCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. UOCT was launched on Oct 1, 2018 and is managed by Innovator.

Further Reading

Receive News & Ratings for Innovator U.S. Equity Ultra Buffer ETF - October Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovator U.S. Equity Ultra Buffer ETF - October and related companies with MarketBeat.com's FREE daily email newsletter.