Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Short Interest Down 41.8% in July

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 21,080 shares, a drop of 41.8% from the July 15th total of 36,227 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 11,053 shares, the short-interest ratio is currently 1.9 days.

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

A number of hedge funds have recently bought and sold shares of RFLR. Sound Income Strategies LLC acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the 1st quarter worth approximately $47,000. Triumph Capital Management purchased a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the 3rd quarter worth $72,000. Beacon Financial Strategies CORP acquired a new position in shares of Innovator U.S. Small Cap Managed Floor ETF during the 2nd quarter valued at about $233,000. Brookstone Capital Management purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the first quarter valued at about $220,000. Finally, COFG Advisors LLC purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the fourth quarter valued at about $328,000.

Innovator U.S. Small Cap Managed Floor ETF Trading Down 0.8%

RFLR traded down $0.26 on Tuesday, hitting $33.16. 42,434 shares of the company’s stock were exchanged, compared to its average volume of 16,837. Innovator U.S. Small Cap Managed Floor ETF has a fifty-two week low of $26.25 and a fifty-two week high of $34.17. The stock has a market cap of $94.51 million, a price-to-earnings ratio of 15.96 and a beta of 0.60. The firm has a 50-day moving average price of $32.39 and a 200-day moving average price of $30.70.

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.