Short Interest in Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Increases By 596.0%

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 17,309 shares, a growth of 596.0% from the December 15th total of 2,487 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,944 shares, the short-interest ratio is presently 2.5 days. Based on an average daily trading volume, of 6,944 shares, the short-interest ratio is presently 2.5 days. Currently, 1.2% of the shares of the stock are short sold.

Innovator U.S. Small Cap Managed Floor ETF Stock Down 0.2%

Shares of NYSEARCA RFLR traded down $0.07 during mid-day trading on Monday, reaching $29.29. 9,479 shares of the company were exchanged, compared to its average volume of 41,326. Innovator U.S. Small Cap Managed Floor ETF has a 52 week low of $23.03 and a 52 week high of $33.43. The company’s 50 day moving average price is $28.45 and its 200 day moving average price is $27.48. The stock has a market capitalization of $42.47 million, a PE ratio of 15.96 and a beta of 1.29.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were given a dividend of $0.0626 per share. The ex-dividend date was Wednesday, December 31st. This is an increase from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05. This represents a $0.25 dividend on an annualized basis and a yield of 0.9%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. CoreCap Advisors LLC purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the 3rd quarter worth about $44,000. Triumph Capital Management purchased a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the third quarter valued at about $72,000. Signal Advisors Wealth LLC raised its stake in Innovator U.S. Small Cap Managed Floor ETF by 22.6% in the second quarter. Signal Advisors Wealth LLC now owns 17,496 shares of the company’s stock worth $441,000 after buying an additional 3,221 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Innovator U.S. Small Cap Managed Floor ETF by 13.7% in the third quarter. Envestnet Asset Management Inc. now owns 27,854 shares of the company’s stock worth $773,000 after buying an additional 3,357 shares during the period. Finally, Sentinus LLC lifted its holdings in Innovator U.S. Small Cap Managed Floor ETF by 90.2% in the second quarter. Sentinus LLC now owns 16,672 shares of the company’s stock worth $420,000 after buying an additional 7,906 shares during the period.

About Innovator U.S. Small Cap Managed Floor ETF

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.