Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Sees Large Decrease in Short Interest

by · The Markets Daily

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG – Get Free Report) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 11,869 shares, a drop of 50.3% from the December 31st total of 23,868 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 8,552 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily trading volume, of 8,552 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Trading of Innovator International Developed Power Buffer ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sigma Planning Corp purchased a new position in shares of Innovator International Developed Power Buffer ETF during the second quarter valued at approximately $556,000. Osaic Holdings Inc. lifted its stake in shares of Innovator International Developed Power Buffer ETF by 965.2% during the 2nd quarter. Osaic Holdings Inc. now owns 10,439 shares of the company’s stock worth $287,000 after acquiring an additional 9,459 shares during the last quarter. Fiduciary Financial Group LLC boosted its holdings in Innovator International Developed Power Buffer ETF by 15.4% during the 3rd quarter. Fiduciary Financial Group LLC now owns 13,838 shares of the company’s stock valued at $386,000 after acquiring an additional 1,848 shares during the period. PFS Partners LLC grew its position in Innovator International Developed Power Buffer ETF by 111.9% in the 3rd quarter. PFS Partners LLC now owns 6,193 shares of the company’s stock valued at $173,000 after acquiring an additional 3,271 shares during the last quarter. Finally, Vestment Financial LLC purchased a new stake in Innovator International Developed Power Buffer ETF in the third quarter worth $322,000.

Innovator International Developed Power Buffer ETF Stock Performance

NYSEARCA IAUG traded down $0.08 on Friday, hitting $29.08. 63,369 shares of the stock were exchanged, compared to its average volume of 10,858. 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 $75.61 million, a P/E ratio of 16.25 and a beta of 0.20. The stock has a fifty day moving average price of $28.54 and a two-hundred day moving average price of $28.00.

Innovator International Developed Power Buffer ETF Company Profile

(Get Free Report)

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.

Recommended Stories