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 February. As of February 27th, there was short interest totaling 36,190 shares, a growth of 29.3% from the February 12th total of 27,989 shares. Based on an average daily volume of 21,835 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.0% of the shares of the company are sold short. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 21,835 shares, the days-to-cover ratio is presently 1.7 days.

Innovator MSCI Emerging Markets Power Buffer ETF – January Price Performance

Shares of NYSEARCA EJAN traded down $0.09 during trading hours on Friday, reaching $33.83. The stock had a trading volume of 22,215 shares, compared to its average volume of 37,484. The business’s fifty day moving average is $34.73 and its two-hundred day moving average is $33.83. The company has a market cap of $122.46 million, a price-to-earnings ratio of 14.55 and a beta of 0.40. Innovator MSCI Emerging Markets Power Buffer ETF – January has a twelve month low of $27.90 and a twelve month high of $35.68.

Hedge Funds Weigh In On Innovator MSCI Emerging Markets Power Buffer ETF – January

A number of hedge funds have recently made changes to their positions in EJAN. AE Wealth Management LLC lifted its holdings in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 79.6% during the 3rd quarter. AE Wealth Management LLC now owns 2,137 shares of the company’s stock worth $71,000 after acquiring an additional 947 shares during the period. Harbour Investments Inc. boosted its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 27.3% during the 4th quarter. Harbour Investments Inc. now owns 5,599 shares of the company’s stock valued at $189,000 after acquiring an additional 1,199 shares in the last quarter. Bedel Financial Consulting Inc. bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January in the third quarter valued at about $207,000. Kathmere Capital Management LLC bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January in the third quarter valued at about $207,000. Finally, Benjamin Edwards Inc. acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the second quarter worth about $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.