Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) Short Interest Up 95.6% in August

Innovator Premium Income 15 Buffer ETF – October (BATS:LOCT) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,017 shares, an increase of 95.6% from the August 15th total of 520 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 0.7 days.

Innovator Premium Income 15 Buffer ETF – October Price Performance

Shares of BATS:LOCT opened at $23.89 on Wednesday. The business’s 50 day moving average is $23.91 and its 200 day moving average is $23.87. Innovator Premium Income 15 Buffer ETF – October has a 52-week low of $23.48 and a 52-week high of $24.05.

Innovator Premium Income 15 Buffer ETF – October Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were issued a dividend of $0.1028 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date was Friday, July 31st. This is a positive change from Innovator Premium Income 15 Buffer ETF – October’s previous monthly dividend of $0.10.

Hedge Funds Weigh In On Innovator Premium Income 15 Buffer ETF – October

A number of hedge funds and other institutional investors have recently modified their holdings of LOCT. KFG Wealth Management LLC raised its stake in Innovator Premium Income 15 Buffer ETF – October by 6.5% in the second quarter. KFG Wealth Management LLC now owns 13,593 shares of the company’s stock worth $325,000 after buying an additional 831 shares in the last quarter. MTM Financial Group LLC boosted its position in Innovator Premium Income 15 Buffer ETF – October by 5.3% during the first quarter. MTM Financial Group LLC now owns 121,064 shares of the company’s stock valued at $2,852,000 after purchasing an additional 6,077 shares in the last quarter. World Investment Advisors bought a new position in Innovator Premium Income 15 Buffer ETF – October in the fourth quarter worth about $209,000. Finally, Arista Wealth Management LLC purchased a new stake in shares of Innovator Premium Income 15 Buffer ETF – October during the fourth quarter valued at about $387,000.

About Innovator Premium Income 15 Buffer ETF – October

The Innovator Premium Income 15 Buffer ETF – October (LOCT) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide a consistent income stream and a limited protective buffer against the first 15% of losses stemming from the decline in the S&P 500 Index. The exposure resets each year in October LOCT was launched on Sep 30, 2023 and is issued by Innovator.