Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) Sees Large Drop in Short Interest

Innovator International Developed Power Buffer ETF – November (NYSEARCA:INOV) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 304 shares, a decrease of 83.4% from the April 30th total of 1,831 shares. Based on an average trading volume of 2,537 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Innovator International Developed Power Buffer ETF – November Trading Up 0.1%

Shares of INOV stock traded up $0.03 during trading hours on Friday, hitting $36.55. 2,070 shares of the company were exchanged, compared to its average volume of 10,735. The business has a 50 day moving average of $35.66 and a two-hundred day moving average of $35.15. Innovator International Developed Power Buffer ETF – November has a 52 week low of $31.63 and a 52 week high of $36.67. The company has a market capitalization of $55.56 million, a PE ratio of 107.50 and a beta of 0.30.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – November

Several large investors have recently made changes to their positions in INOV. Berkshire Money Management Inc. bought a new stake in shares of Innovator International Developed Power Buffer ETF – November during the first quarter worth $8,910,000. Maltin Wealth Management Inc. increased its position in shares of Innovator International Developed Power Buffer ETF – November by 370.9% during the first quarter. Maltin Wealth Management Inc. now owns 144,572 shares of the company’s stock worth $5,015,000 after acquiring an additional 113,874 shares in the last quarter. Sigma Planning Corp bought a new stake in shares of Innovator International Developed Power Buffer ETF – November during the first quarter worth $780,000. Finally, Kestra Advisory Services LLC increased its position in shares of Innovator International Developed Power Buffer ETF – November by 35.0% during the first quarter. Kestra Advisory Services LLC now owns 41,220 shares of the company’s stock worth $1,430,000 after acquiring an additional 10,690 shares in the last quarter. Institutional investors own 33.15% of the company’s stock.

About Innovator International Developed Power Buffer ETF – November

The Innovator International Developed Power Buffer ETF November (INOV) 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 November 1. The actively-managed fund utilizes FLEX options and collateral. INOV was launched on Nov 1, 2023 and is issued by Innovator.