Short Interest in Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Declines By 75.5%

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 3,340 shares, a decline of 75.5% from the May 31st total of 13,611 shares. Based on an average daily trading volume, of 2,718 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.2% of the shares of the stock are sold short.

Innovator International Developed Power Buffer ETF Trading Down 0.1%

IAUG traded down $0.03 during trading on Friday, hitting $30.03. 3,389 shares of the company traded hands, compared to its average volume of 14,851. The company has a market cap of $46.55 million, a PE ratio of 16.25 and a beta of 0.24. The stock’s 50-day simple moving average is $29.73 and its two-hundred day simple moving average is $29.18. Innovator International Developed Power Buffer ETF has a 1 year low of $26.81 and a 1 year high of $30.16.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IAUG. Cornerstone Wealth LLC TN bought a new stake in shares of Innovator International Developed Power Buffer ETF in the first quarter worth about $2,611,000. Independent Financial Group LLC bought a new position in Innovator International Developed Power Buffer ETF during the first quarter valued at approximately $1,481,000. Kestra Advisory Services LLC grew its holdings in Innovator International Developed Power Buffer ETF by 32.3% during the 1st quarter. Kestra Advisory Services LLC now owns 34,127 shares of the company’s stock valued at $978,000 after buying an additional 8,326 shares in the last quarter. Red Crane Wealth Management LLC purchased a new position in Innovator International Developed Power Buffer ETF during the 1st quarter valued at approximately $368,000. Finally, Opus Financial Solutions LLC bought a new stake in Innovator International Developed Power Buffer ETF in the 4th quarter worth approximately $612,000.

Innovator International Developed Power Buffer ETF Company Profile

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.