Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Sees Significant Increase in Short Interest

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 31,606 shares, a growth of 2,747.4% from the April 15th total of 1,110 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 39,506 shares, the days-to-cover ratio is currently 0.8 days.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Trading Up 0.1%

Shares of BATS JAJL opened at $29.68 on Tuesday. The stock’s 50-day moving average is $29.29 and its 200 day moving average is $29.12. The stock has a market cap of $250.20 million and a price-to-earnings ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 1-year low of $27.33 and a 1-year high of $29.68.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in JAJL. Goldman Sachs Group Inc. bought a new stake in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the 1st quarter worth approximately $416,000. Jane Street Group LLC bought a new position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the 1st quarter valued at $323,000. Gallagher Fiduciary Advisors LLC raised its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 26.8% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 17,103 shares of the company’s stock worth $482,000 after purchasing an additional 3,615 shares during the period. Orion Porfolio Solutions LLC raised its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 77.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 85,491 shares of the company’s stock worth $2,408,000 after purchasing an additional 37,198 shares during the period. Finally, Global Retirement Partners LLC lifted its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 287.7% in the third quarter. Global Retirement Partners LLC now owns 5,815 shares of the company’s stock worth $167,000 after purchasing an additional 4,315 shares during the last quarter.

About Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

The Innovator 6mo Jan/Jul (JAJL) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a six-month outcome period. The actively managed fund holds FLEX options to obtain exposure JAJL was launched on Jul 1, 2024 and is issued by Innovator.