Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Sees Large Growth in Short Interest

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 36,190 shares, a growth of 29.3% from the February 12th total of 27,989 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 21,835 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily trading volume, of 21,835 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.0% of the company’s stock are sold short.

Institutional Trading of Innovator MSCI Emerging Markets Power Buffer ETF – January

A number of institutional investors and hedge funds have recently modified their holdings of the company. AE Wealth Management LLC grew its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 79.6% in the 3rd quarter. AE Wealth Management LLC now owns 2,137 shares of the company’s stock valued at $71,000 after buying an additional 947 shares during the last quarter. Harbour Investments Inc. lifted its position in Innovator MSCI Emerging Markets Power Buffer ETF – January by 27.3% during the 4th quarter. Harbour Investments Inc. now owns 5,599 shares of the company’s stock worth $189,000 after acquiring an additional 1,199 shares during the last quarter. Bedel Financial Consulting Inc. acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January during the 3rd quarter worth $207,000. Kathmere Capital Management LLC bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January during the third quarter valued at about $207,000. Finally, Winnow Wealth LLC bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January during the third quarter valued at about $256,000.

Innovator MSCI Emerging Markets Power Buffer ETF – January Stock Performance

Shares of NYSEARCA EJAN traded down $0.09 during mid-day trading on Friday, reaching $33.83. 22,215 shares of the company traded hands, compared to its average volume of 37,484. The stock has a market cap of $122.46 million, a PE ratio of 14.55 and a beta of 0.40. The company’s fifty day moving average is $34.73 and its two-hundred day moving average is $33.83. Innovator MSCI Emerging Markets Power Buffer ETF – January has a fifty-two week low of $27.90 and a fifty-two week high of $35.68.

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.