Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sees Significant Increase in Short Interest

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 2,270 shares, a growth of 429.1% from the April 30th total of 429 shares. Based on an average trading volume of 36,581 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 888.5% during the fourth quarter. Barclays PLC now owns 1,117 shares of the company’s stock valued at $52,000 after purchasing an additional 1,004 shares in the last quarter. Chapman Financial Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the second quarter valued at $53,000. Parallel Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the fourth quarter valued at $64,000. Optima Capital LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the fourth quarter valued at $83,000. Finally, MMA Asset Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the third quarter valued at $115,000.

Innovator U.S. Equity Power Buffer ETF – July Trading Up 0.1%

Innovator U.S. Equity Power Buffer ETF – July stock opened at $48.51 on Friday. The business’s fifty day simple moving average is $47.36 and its two-hundred day simple moving average is $46.75. Innovator U.S. Equity Power Buffer ETF – July has a 12 month low of $41.41 and a 12 month high of $48.57. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.44 and a beta of 0.46.

About Innovator U.S. Equity Power Buffer ETF – July

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.