Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) Sees Large Increase in Short Interest

Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 7,732 shares, an increase of 62.4% from the April 30th total of 4,762 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 3,908 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Investors Weigh In On Innovator U.S. Equity Buffer ETF – June

Several institutional investors and hedge funds have recently modified their holdings of BJUN. Penserra Capital Management LLC boosted its stake in Innovator U.S. Equity Buffer ETF – June by 1.2% during the third quarter. Penserra Capital Management LLC now owns 404,262 shares of the company’s stock valued at $18,491,000 after buying an additional 4,830 shares during the last quarter. Cerity Partners LLC raised its position in Innovator U.S. Equity Buffer ETF – June by 0.3% during the fourth quarter. Cerity Partners LLC now owns 151,580 shares of the company’s stock valued at $7,085,000 after purchasing an additional 448 shares during the period. HighTower Advisors LLC raised its holdings in shares of Innovator U.S. Equity Buffer ETF – June by 4.0% in the third quarter. HighTower Advisors LLC now owns 73,922 shares of the company’s stock worth $3,381,000 after buying an additional 2,855 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Innovator U.S. Equity Buffer ETF – June by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 66,716 shares of the company’s stock worth $3,052,000 after buying an additional 3,465 shares during the period. Finally, BCS Wealth Management raised its holdings in shares of Innovator U.S. Equity Buffer ETF – June by 91.7% in the fourth quarter. BCS Wealth Management now owns 44,716 shares of the company’s stock worth $2,090,000 after buying an additional 21,390 shares during the period.

Innovator U.S. Equity Buffer ETF – June Stock Up 0.1%

Shares of BJUN opened at $49.07 on Wednesday. The business has a 50-day simple moving average of $47.91 and a two-hundred day simple moving average of $47.17. The stock has a market cap of $176.65 million, a price-to-earnings ratio of 24.70 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – June has a 52 week low of $42.42 and a 52 week high of $50.13.

About Innovator U.S. Equity Buffer ETF – June

The Innovator S&P 500 Buffer ETF – June (BJUN) 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. BJUN was launched on Jun 3, 2019 and is managed by Innovator.