Short Interest in Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Expands By 50.3%
by Jessica Moore · The Cerbat GemInnovator International Developed Power Buffer ETF (NYSEARCA:IAUG – Get Free Report) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 23,868 shares, an increase of 50.3% from the December 15th total of 15,885 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 14,156 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily trading volume, of 14,156 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the company’s shares are sold short.
Innovator International Developed Power Buffer ETF Stock Performance
NYSEARCA IAUG traded up $0.04 on Friday, hitting $28.97. 6,732 shares of the stock were exchanged, compared to its average volume of 8,348. Innovator International Developed Power Buffer ETF has a 52-week low of $23.94 and a 52-week high of $29.63. The firm has a market capitalization of $74.74 million, a P/E ratio of 16.25 and a beta of 0.20. The stock has a fifty day moving average price of $28.31 and a two-hundred day moving average price of $27.89.
Institutional Trading of Innovator International Developed Power Buffer ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JDM Financial Group LLC bought a new stake in Innovator International Developed Power Buffer ETF in the third quarter worth about $31,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Innovator International Developed Power Buffer ETF during the third quarter valued at approximately $103,000. PFS Partners LLC raised its holdings in shares of Innovator International Developed Power Buffer ETF by 111.9% in the third quarter. PFS Partners LLC now owns 6,193 shares of the company’s stock worth $173,000 after buying an additional 3,271 shares during the period. DHJJ Financial Advisors Ltd. lifted its stake in shares of Innovator International Developed Power Buffer ETF by 160.4% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 6,225 shares of the company’s stock worth $174,000 after acquiring an additional 3,834 shares during the last quarter. Finally, Truist Financial Corp purchased a new position in Innovator International Developed Power Buffer ETF during the 3rd quarter valued at $208,000.
About Innovator International Developed Power Buffer ETF
The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.