Short Interest in Innovator U.S. Equity Ultra Buffer ETF – January (BATS:UJAN) Drops By 36.2%

Innovator U.S. Equity Ultra Buffer ETF – January (BATS:UJAN) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 7,155 shares, a drop of 36.2% from the July 30th total of 11,207 shares. Based on an average daily volume of 43,108 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Innovator U.S. Equity Ultra Buffer ETF – January Stock Performance

Shares of Innovator U.S. Equity Ultra Buffer ETF – January stock opened at $46.27 on Tuesday. Innovator U.S. Equity Ultra Buffer ETF – January has a twelve month low of $41.22 and a twelve month high of $46.32. The stock has a market capitalization of $299.83 million, a price-to-earnings ratio of 25.02 and a beta of 0.32. The business’s 50 day simple moving average is $45.67 and its 200-day simple moving average is $44.59.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. MML Investors Services LLC raised its holdings in Innovator U.S. Equity Ultra Buffer ETF – January by 0.9% during the 2nd quarter. MML Investors Services LLC now owns 30,668 shares of the company’s stock worth $1,241,000 after buying an additional 280 shares during the period. WealthShield Partners LLC grew its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – January by 139.2% in the 1st quarter. WealthShield Partners LLC now owns 629 shares of the company’s stock valued at $27,000 after buying an additional 366 shares in the last quarter. LPL Financial LLC grew its position in Innovator U.S. Equity Ultra Buffer ETF – January by 0.7% in the fourth quarter. LPL Financial LLC now owns 73,187 shares of the company’s stock worth $3,166,000 after acquiring an additional 534 shares in the last quarter. Summit Financial LLC boosted its holdings in Innovator U.S. Equity Ultra Buffer ETF – January by 4.5% in the fourth quarter. Summit Financial LLC now owns 12,676 shares of the company’s stock worth $548,000 after purchasing an additional 546 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – January by 10.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 8,858 shares of the company’s stock valued at $402,000 after acquiring an additional 836 shares during the last quarter.

About Innovator U.S. Equity Ultra Buffer ETF – January

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