Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Sees Large Growth in Short Interest

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 31,222 shares, a growth of 578.7% from the August 15th total of 4,600 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,924 shares, the days-to-cover ratio is presently 3.9 days.

Innovator MSCI Emerging Markets Power Buffer ETF – January Trading Down 0.5%

NYSEARCA EJAN opened at $36.97 on Friday. Innovator MSCI Emerging Markets Power Buffer ETF – January has a 1 year low of $32.95 and a 1 year high of $37.28. The firm has a market capitalization of $149.73 million, a price-to-earnings ratio of 14.55 and a beta of 0.41. The firm’s 50 day simple moving average is $36.27 and its 200 day simple moving average is $35.55.

Institutional Trading of Innovator MSCI Emerging Markets Power Buffer ETF – January

Several institutional investors and hedge funds have recently modified their holdings of EJAN. Atlantic Private Wealth LLC bought a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the second quarter valued at about $86,000. Harbour Investments Inc. boosted its stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 27.3% in the 4th quarter. Harbour Investments Inc. now owns 5,599 shares of the company’s stock valued at $189,000 after purchasing an additional 1,199 shares in the last quarter. Vantage Point Financial LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January during the 1st quarter valued at approximately $201,000. Straight Path Wealth Management acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January during the 2nd quarter worth approximately $217,000. Finally, Berger Financial Group Inc bought a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the 1st quarter valued at approximately $243,000.

About Innovator MSCI Emerging Markets Power Buffer ETF – January

The Innovator Emerging Markets Power Buffer ETF – January (EJAN) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund aims for specific buffered losses and capped gains on the MSCI Emerging Markets Index over a specific holdings period. The actively-managed fund holds options and collateral. EJAN was launched on Jan 1, 2020 and is managed by Innovator.