Short Interest in Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Rises By 13,213.4%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 57,647 shares, an increase of 13,213.4% from the May 14th total of 433 shares. Based on an average trading volume of 290,686 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are sold short.

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

A number of hedge funds have recently added to or reduced their stakes in PJUN. NewEdge Advisors LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – June by 149.1% during the 2nd quarter. NewEdge Advisors LLC now owns 36,668 shares of the company’s stock worth $1,458,000 after buying an additional 21,947 shares in the last quarter. Alliancebernstein L.P. grew its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 10.5% in the 2nd quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock valued at $117,022,000 after buying an additional 280,337 shares during the last quarter. Raymond James Financial Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – June by 77.0% during the 2nd quarter. Raymond James Financial Inc. now owns 331,546 shares of the company’s stock worth $13,182,000 after purchasing an additional 144,206 shares during the last quarter. Jane Street Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – June during the 2nd quarter worth $1,322,000. Finally, Benjamin Edwards Inc. lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 5.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 24,229 shares of the company’s stock worth $963,000 after acquiring an additional 1,289 shares during the period.

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

Shares of PJUN stock traded down $0.08 during trading hours on Tuesday, hitting $42.82. The company had a trading volume of 250,455 shares, compared to its average volume of 93,425. The company’s fifty day moving average is $42.90 and its 200 day moving average is $42.27. Innovator U.S. Equity Power Buffer ETF – June has a fifty-two week low of $38.97 and a fifty-two week high of $47.56. The stock has a market capitalization of $780.61 million, a PE ratio of 24.61 and a beta of 0.44.

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

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