Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) Sees Large Growth in Short Interest

Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 74,165 shares, an increase of 437.7% from the July 30th total of 13,794 shares. Currently, 2.9% of the company’s stock are short sold. Based on an average daily volume of 65,384 shares, the days-to-cover ratio is presently 1.1 days.

Innovator International Developed Power Buffer ETF Trading Up 0.4%

Shares of IAUG stock opened at $31.04 on Wednesday. Innovator International Developed Power Buffer ETF has a 12 month low of $27.30 and a 12 month high of $31.07. The stock has a market cap of $80.70 million, a PE ratio of 16.25 and a beta of 0.24. The company’s fifty day moving average price is $30.46 and its 200-day moving average price is $29.71.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Allworth Financial LP grew its holdings in Innovator International Developed Power Buffer ETF by 12.8% in the fourth quarter. Allworth Financial LP now owns 712,624 shares of the company’s stock worth $20,281,000 after purchasing an additional 80,722 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Innovator International Developed Power Buffer ETF by 135.9% during the fourth quarter. HighTower Advisors LLC now owns 150,654 shares of the company’s stock valued at $4,288,000 after purchasing an additional 86,788 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Innovator International Developed Power Buffer ETF by 15.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 121,755 shares of the company’s stock worth $3,465,000 after purchasing an additional 15,990 shares in the last quarter. NewCorp Financial Services Inc. bought a new stake in shares of Innovator International Developed Power Buffer ETF in the 4th quarter worth approximately $2,700,000. Finally, Cornerstone Wealth LLC TN purchased a new stake in shares of Innovator International Developed Power Buffer ETF in the 1st quarter worth approximately $2,611,000.

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.