Innovator Premium Income 30 Barrier ETF – October (BATS:OCTJ) Shares Shorted: Short Interest Down 73.0% in September

Innovator Premium Income 30 Barrier ETF – October (BATS:OCTJ) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 349 shares, a decrease of 73.0% from the August 31st total of 1,294 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,690 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Innovator Premium Income 30 Barrier ETF – October stock. World Investment Advisors purchased a new position in shares of Innovator Premium Income 30 Barrier ETF – October (BATS:OCTJ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,420 shares of the company’s stock, valued at approximately $250,000. World Investment Advisors owned 1.23% of Innovator Premium Income 30 Barrier ETF – October as of its most recent SEC filing.

Innovator Premium Income 30 Barrier ETF – October Stock Performance

Innovator Premium Income 30 Barrier ETF – October stock opened at $24.18 on Friday. The stock has a 50-day moving average price of $24.09 and a 200 day moving average price of $24.06. Innovator Premium Income 30 Barrier ETF – October has a 52 week low of $23.49 and a 52 week high of $24.32. The stock has a market cap of $20.55 million, a PE ratio of 24.03 and a beta of 0.12.

Innovator Premium Income 30 Barrier ETF – October Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were issued a $0.3177 dividend. This is a boost from Innovator Premium Income 30 Barrier ETF – October’s previous quarterly dividend of $0.3177. The ex-dividend date was Tuesday, June 30th. This represents a $1.27 annualized dividend and a yield of 5.3%.

Innovator Premium Income 30 Barrier ETF – October Company Profile

The Innovator Premium Income 30 Barrier ETF – October (OCTJ) 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 barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. OCTJ was launched on Sep 30, 2023 and is issued by Innovator.