Short Interest in Innovator U.S. Small Cap Power Buffer ETF – January (BATS:KJAN) Declines By 35.5%

Innovator U.S. Small Cap Power Buffer ETF – January (BATS:KJAN) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 14,055 shares, a decrease of 35.5% from the April 15th total of 21,802 shares. Based on an average daily trading volume, of 4,566 shares, the days-to-cover ratio is presently 3.1 days. Currently, 0.2% of the company’s shares are sold short.

Innovator U.S. Small Cap Power Buffer ETF – January Price Performance

BATS KJAN opened at $44.14 on Monday. The firm’s 50-day moving average is $42.86 and its two-hundred day moving average is $42.25. Innovator U.S. Small Cap Power Buffer ETF – January has a 12 month low of $35.86 and a 12 month high of $44.68. The stock has a market capitalization of $339.00 million, a P/E ratio of 15.75 and a beta of 0.64.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. BIP Wealth LLC acquired a new position in Innovator U.S. Small Cap Power Buffer ETF – January during the fourth quarter worth $597,000. OneDigital Investment Advisors LLC lifted its stake in Innovator U.S. Small Cap Power Buffer ETF – January by 36.0% during the third quarter. OneDigital Investment Advisors LLC now owns 57,025 shares of the company’s stock worth $2,301,000 after purchasing an additional 15,101 shares in the last quarter. AssuredPartners Investment Advisors LLC acquired a new position in Innovator U.S. Small Cap Power Buffer ETF – January during the fourth quarter worth $1,119,000. JDM Financial Group LLC acquired a new position in Innovator U.S. Small Cap Power Buffer ETF – January during the fourth quarter worth $1,273,000. Finally, Global Trust Wealth Management LLC acquired a new position in Innovator U.S. Small Cap Power Buffer ETF – January during the fourth quarter worth $573,000.

Innovator U.S. Small Cap Power Buffer ETF – January Company Profile

The Innovator U.S. Small Cap Power Buffer ETF – January (KJAN) is an exchange-traded fund that is based on the Russell 2000 index. The fund aims for specific buffered losses and capped gains on the Russell 2000 over a specific holdings period. The actively-managed fund holds options and collateral. KJAN was launched on Jan 1, 2020 and is managed by Innovator.