Short Interest in Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Declines By 62.5%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 159,735 shares, a drop of 62.5% from the June 15th total of 426,373 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 201,679 shares, the short-interest ratio is presently 0.8 days.

Innovator U.S. Equity Power Buffer ETF – June Price Performance

PJUN opened at $43.53 on Monday. Innovator U.S. Equity Power Buffer ETF – June has a 12 month low of $39.74 and a 12 month high of $47.56. The stock has a market capitalization of $793.55 million, a price-to-earnings ratio of 24.61 and a beta of 0.44. The business has a fifty day moving average price of $43.19 and a 200 day moving average price of $42.53.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – June

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. BCS Wealth Management increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 95.9% during the fourth quarter. BCS Wealth Management now owns 59,544 shares of the company’s stock worth $2,494,000 after buying an additional 29,150 shares during the period. BIP Wealth LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – June in the fourth quarter valued at approximately $1,064,000. COFG Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – June in the fourth quarter worth approximately $1,400,000. Liberty Atlantic Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – June in the fourth quarter worth approximately $516,000. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – June by 100.0% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 54,690 shares of the company’s stock worth $2,288,000 after acquiring an additional 27,345 shares during the last quarter.

About Innovator U.S. Equity Power Buffer ETF – June

The Innovator S&P 500 Power Buffer ETF – New (PJUN) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PJUN was launched on Jun 3, 2019 and is managed by Innovator.