Innovator Equity Defined Protection ETF – 1 Yr October (BATS:ZOCT) Sees Large Increase in Short Interest
by Danessa Lincoln · The Markets DailyInnovator Equity Defined Protection ETF – 1 Yr October (BATS:ZOCT – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 314 shares, an increase of 342.3% from the August 31st total of 71 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 5,499 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC grew its holdings in Innovator Equity Defined Protection ETF – 1 Yr October by 7.1% in the second quarter. CoreCap Advisors LLC now owns 5,710 shares of the company’s stock worth $158,000 after purchasing an additional 377 shares during the period. Envestnet Asset Management Inc. increased its stake in Innovator Equity Defined Protection ETF – 1 Yr October by 2.2% in the second quarter. Envestnet Asset Management Inc. now owns 53,910 shares of the company’s stock valued at $1,489,000 after purchasing an additional 1,170 shares in the last quarter. Financial Network Wealth Advisors LLC acquired a new position in shares of Innovator Equity Defined Protection ETF – 1 Yr October during the fourth quarter valued at about $39,000. IFP Advisors Inc raised its holdings in shares of Innovator Equity Defined Protection ETF – 1 Yr October by 127.7% during the fourth quarter. IFP Advisors Inc now owns 9,448 shares of the company’s stock valued at $254,000 after purchasing an additional 5,298 shares during the period. Finally, Tradition Wealth Management LLC bought a new position in shares of Innovator Equity Defined Protection ETF – 1 Yr October during the 4th quarter worth about $214,000.
Innovator Equity Defined Protection ETF – 1 Yr October Price Performance
Shares of ZOCT opened at $28.06 on Friday. Innovator Equity Defined Protection ETF – 1 Yr October has a 52-week low of $26.53 and a 52-week high of $28.12. The business’s 50 day moving average price is $27.90 and its two-hundred day moving average price is $27.51.
About Innovator Equity Defined Protection ETF – 1 Yr October
The Innovator 1 Yr October (ZOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a one year outcome period. The actively managed fund holds FLEX options to obtain exposure ZOCT was launched on Sep 30, 2024 and is issued by Innovator.
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