Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Update

by · The Markets Daily

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR – Get Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 2,487 shares, a decrease of 77.9% from the November 30th total of 11,250 shares. Based on an average daily trading volume, of 9,591 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 9,591 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Innovator U.S. Small Cap Managed Floor ETF

A number of large investors have recently bought and sold shares of RFLR. OLD Mission Capital LLC acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the first quarter valued at approximately $934,000. Envestnet Asset Management Inc. acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the second quarter worth $617,000. Harbour Investments Inc. lifted its position in Innovator U.S. Small Cap Managed Floor ETF by 299.9% in the 2nd quarter. Harbour Investments Inc. now owns 41,105 shares of the company’s stock valued at $1,036,000 after acquiring an additional 30,825 shares in the last quarter. Signal Advisors Wealth LLC boosted its stake in Innovator U.S. Small Cap Managed Floor ETF by 22.6% in the 2nd quarter. Signal Advisors Wealth LLC now owns 17,496 shares of the company’s stock worth $441,000 after purchasing an additional 3,221 shares during the period. Finally, Jane Street Group LLC acquired a new position in Innovator U.S. Small Cap Managed Floor ETF in the 2nd quarter worth $550,000.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

RFLR stock traded up $0.11 during midday trading on Thursday, hitting $29.09. 5,467 shares of the company’s stock were exchanged, compared to its average volume of 8,804. Innovator U.S. Small Cap Managed Floor ETF has a one year low of $23.03 and a one year high of $31.45. The company has a market cap of $33.45 million, a PE ratio of 15.96 and a beta of 1.29. The stock’s fifty day moving average price is $28.28 and its 200-day moving average price is $27.10.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.0502 per share. This is a boost from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Tuesday, September 30th. This represents a $0.20 annualized dividend and a dividend yield of 0.7%.

About Innovator U.S. Small Cap Managed Floor ETF

(Get Free Report)

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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