Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 19,139 shares, an increase of 626.1% from the May 31st total of 2,636 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 94,961 shares, the days-to-cover ratio is presently 0.2 days.

Innovator U.S. Equity Power Buffer ETF – January Stock Up 0.0%

Shares of BATS:PJAN opened at $49.14 on Friday. The firm’s 50 day moving average price is $48.99 and its 200-day moving average price is $47.68. Innovator U.S. Equity Power Buffer ETF – January has a twelve month low of $43.76 and a twelve month high of $49.60. The stock has a market capitalization of $1.44 billion, a PE ratio of 24.16 and a beta of 0.47.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. MTM Financial Group LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 2.4% during the 1st quarter. MTM Financial Group LLC now owns 78,689 shares of the company’s stock valued at $3,630,000 after acquiring an additional 1,830 shares during the period. NewEdge Advisors LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – January by 26.9% during the first quarter. NewEdge Advisors LLC now owns 41,292 shares of the company’s stock valued at $1,905,000 after purchasing an additional 8,747 shares in the last quarter. GTS Financial LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at $492,000. Cornerstone Wealth LLC TN bought a new stake in Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at about $2,010,000. Finally, Cassady Wealth & Retirement Planning LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – January by 98.4% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 62,809 shares of the company’s stock valued at $3,046,000 after purchasing an additional 31,149 shares during the period.

Innovator U.S. Equity Power Buffer ETF – January Company Profile

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.