Short Interest in Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Declines By 45.1%

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 32,690 shares, a drop of 45.1% from the December 31st total of 59,545 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 73,726 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 73,726 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.9% of the shares of the company are short sold.

Innovator MSCI Emerging Markets Power Buffer ETF – January Price Performance

Shares of EJAN stock traded down $0.23 on Friday, hitting $34.76. 27,999 shares of the stock traded hands, compared to its average volume of 51,575. The company has a market capitalization of $123.40 million, a PE ratio of 14.55 and a beta of 0.40. The company’s fifty day moving average is $34.03 and its 200 day moving average is $33.34. Innovator MSCI Emerging Markets Power Buffer ETF – January has a 1-year low of $27.90 and a 1-year high of $35.19.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. AE Wealth Management LLC increased its holdings in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 79.6% during the 3rd quarter. AE Wealth Management LLC now owns 2,137 shares of the company’s stock valued at $71,000 after acquiring an additional 947 shares during the last quarter. Kathmere Capital Management LLC bought a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January in the third quarter valued at approximately $207,000. Bedel Financial Consulting Inc. bought a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the 3rd quarter valued at $207,000. Benjamin Edwards Inc. acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the second quarter valued at approximately $243,000. Finally, Winnow Wealth LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January in the third quarter worth about $256,000.

About Innovator MSCI Emerging Markets Power Buffer ETF – January

The Innovator Emerging Markets Power Buffer ETF – January (EJAN) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund aims for specific buffered losses and capped gains on the MSCI Emerging Markets Index over a specific holdings period. The actively-managed fund holds options and collateral. EJAN was launched on Jan 1, 2020 and is managed by Innovator.