Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Short Interest Down 42.5% in July

Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 216,442 shares, a decline of 42.5% from the June 30th total of 376,488 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 251,664 shares, the short-interest ratio is currently 0.9 days.

Innovator Equity Managed Floor ETF Stock Up 0.4%

Shares of SFLR stock traded up $0.15 during trading hours on Friday, reaching $38.35. 178,338 shares of the company’s stock were exchanged, compared to its average volume of 311,544. Innovator Equity Managed Floor ETF has a fifty-two week low of $33.49 and a fifty-two week high of $40.12. The stock has a market capitalization of $2.12 billion, a P/E ratio of 26.45 and a beta of 0.69. The business has a fifty day moving average price of $38.48 and a 200-day moving average price of $37.33.

Hedge Funds Weigh In On Innovator Equity Managed Floor ETF

Several large investors have recently bought and sold shares of SFLR. Bank of America Corp DE grew its position in Innovator Equity Managed Floor ETF by 1.2% in the 1st quarter. Bank of America Corp DE now owns 5,920,303 shares of the company’s stock worth $209,638,000 after purchasing an additional 71,504 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Innovator Equity Managed Floor ETF by 16.5% in the fourth quarter. LPL Financial LLC now owns 4,257,434 shares of the company’s stock valued at $156,929,000 after buying an additional 601,796 shares during the period. Commonwealth Equity Services LLC grew its position in Innovator Equity Managed Floor ETF by 6.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,928,409 shares of the company’s stock worth $71,081,000 after buying an additional 119,487 shares in the last quarter. Kingsview Wealth Management LLC grew its position in Innovator Equity Managed Floor ETF by 7.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,886,697 shares of the company’s stock worth $69,544,000 after buying an additional 126,292 shares in the last quarter. Finally, Liberty Atlantic Advisors LLC bought a new position in Innovator Equity Managed Floor ETF during the fourth quarter valued at about $20,483,000.

About Innovator Equity Managed Floor ETF

The Innovator Equity Managed Floor ETF (SFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio of large-cap US stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis. SFLR was launched on Nov 8, 2022 and is managed by Innovator.