Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) Stock Short Interest Drops 79.4%

Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 8,266 shares, a decline of 79.4% from the October 15th total of 40,036 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,711 shares, the short-interest ratio is presently 4.8 days.

Innovator International Developed Power Buffer ETF – June Price Performance

NYSEARCA:IJUN traded down $0.08 during trading hours on Thursday, reaching $31.36. 16,726 shares of the company were exchanged, compared to its average volume of 19,663. The business has a 50 day moving average of $31.39 and a 200 day moving average of $30.85. Innovator International Developed Power Buffer ETF – June has a 1-year low of $27.97 and a 1-year high of $32.12. The company has a market capitalization of $64.29 million, a P/E ratio of 16.31 and a beta of 0.29.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Corrado Advisors LLC acquired a new position in Innovator International Developed Power Buffer ETF – June in the third quarter valued at about $2,502,000. Fiduciary Financial Group LLC grew its stake in Innovator International Developed Power Buffer ETF – June by 5.0% during the second quarter. Fiduciary Financial Group LLC now owns 63,347 shares of the company’s stock worth $1,975,000 after buying an additional 3,039 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in Innovator International Developed Power Buffer ETF – June during the third quarter worth about $1,917,000. Syon Capital LLC acquired a new stake in Innovator International Developed Power Buffer ETF – June during the second quarter worth about $1,637,000. Finally, Atlantic Private Wealth LLC bought a new position in Innovator International Developed Power Buffer ETF – June in the 2nd quarter valued at about $1,334,000.

About Innovator International Developed Power Buffer ETF – June

The Innovator International Developed Power Buffer ETF – June (IJUN) 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 June 1. The actively managed fund utilizes FLEX options and collateral IJUN was launched on Jun 3, 2024 and is issued by Innovator.