Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sees Large Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 38,763 shares, a drop of 42.3% from the July 30th total of 67,192 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 67,674 shares, the short-interest ratio is presently 0.6 days.

Innovator U.S. Equity Power Buffer ETF – July Price Performance

Shares of BATS PJUL opened at $49.75 on Monday. Innovator U.S. Equity Power Buffer ETF – July has a twelve month low of $44.28 and a twelve month high of $49.98. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 24.44 and a beta of 0.46. The company’s fifty day moving average is $49.15 and its 200-day moving average is $48.00.

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

Several large investors have recently modified their holdings of PJUL. Raymond James Financial Inc. grew its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 11.7% in the 3rd quarter. Raymond James Financial Inc. now owns 526,938 shares of the company’s stock valued at $24,028,000 after purchasing an additional 55,198 shares during the period. Focus Partners Wealth lifted its stake in Innovator U.S. Equity Power Buffer ETF – July by 750.8% in the fourth quarter. Focus Partners Wealth now owns 366,446 shares of the company’s stock valued at $17,014,000 after buying an additional 323,374 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 0.7% in the fourth quarter. Cetera Investment Advisers now owns 317,260 shares of the company’s stock valued at $14,730,000 after buying an additional 2,299 shares during the period. LPL Financial LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 11.1% during the fourth quarter. LPL Financial LLC now owns 311,290 shares of the company’s stock worth $14,453,000 after acquiring an additional 31,097 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 3.0% during the first quarter. Janney Montgomery Scott LLC now owns 287,524 shares of the company’s stock worth $13,217,000 after acquiring an additional 8,474 shares in the last quarter.

About Innovator U.S. Equity Power Buffer ETF – July

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.