Innovator U.S. Equity Ultra Buffer ETF – June (BATS:UJUN) Sees Significant Increase in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – June (BATS:UJUN) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 18,276 shares, an increase of 6,983.7% from the April 30th total of 258 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 5,589 shares, the days-to-cover ratio is presently 3.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. LPL Financial LLC lifted its position in Innovator U.S. Equity Ultra Buffer ETF – June by 1.6% during the fourth quarter. LPL Financial LLC now owns 31,593 shares of the company’s stock worth $1,182,000 after purchasing an additional 500 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – June by 1.8% during the third quarter. Envestnet Asset Management Inc. now owns 29,650 shares of the company’s stock worth $1,088,000 after purchasing an additional 533 shares during the last quarter. OLD Mission Capital LLC increased its position in Innovator U.S. Equity Ultra Buffer ETF – June by 2.3% in the 4th quarter. OLD Mission Capital LLC now owns 43,283 shares of the company’s stock valued at $1,619,000 after acquiring an additional 966 shares during the period. Chapman Financial Group LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – June during the 2nd quarter worth $43,000. Finally, Cetera Investment Advisers lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – June by 16.3% during the 2nd quarter. Cetera Investment Advisers now owns 17,079 shares of the company’s stock worth $608,000 after buying an additional 2,394 shares during the period.

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

UJUN traded up $0.01 during trading hours on Wednesday, reaching $38.61. The company’s stock had a trading volume of 6,988 shares, compared to its average volume of 3,574. Innovator U.S. Equity Ultra Buffer ETF – June has a 52 week low of $34.52 and a 52 week high of $38.67. The company’s 50-day moving average is $38.02 and its 200-day moving average is $37.60. The firm has a market cap of $88.80 million, a PE ratio of 23.82 and a beta of 0.39.

Innovator U.S. Equity Ultra Buffer ETF – June Company Profile

The Innovator S&P 500 Ultra Buffer ETF – June (UJUN) 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. UJUN was launched on Jun 3, 2019 and is managed by Innovator.