Innovator U.S. Small Cap Power Buffer ETF – January (BATS:KJAN) Sees Significant Decline in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – January (BATS:KJAN) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 8,058 shares, a decline of 39.3% from the May 14th total of 13,280 shares. Based on an average daily volume of 5,731 shares, the short-interest ratio is currently 1.4 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Innovator U.S. Small Cap Power Buffer ETF – January

Several hedge funds have recently bought and sold shares of KJAN. JPMorgan Chase & Co. grew its holdings in Innovator U.S. Small Cap Power Buffer ETF – January by 1,398.2% during the second quarter. JPMorgan Chase & Co. now owns 4,165 shares of the company’s stock valued at $156,000 after purchasing an additional 3,887 shares during the period. Raymond James Financial Inc. lifted its position in shares of Innovator U.S. Small Cap Power Buffer ETF – January by 15.9% in the second quarter. Raymond James Financial Inc. now owns 146,664 shares of the company’s stock valued at $5,497,000 after acquiring an additional 20,151 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Innovator U.S. Small Cap Power Buffer ETF – January by 153.3% in the second quarter. Jane Street Group LLC now owns 26,457 shares of the company’s stock valued at $992,000 after acquiring an additional 16,014 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in shares of Innovator U.S. Small Cap Power Buffer ETF – January by 36.0% in the third quarter. OneDigital Investment Advisors LLC now owns 57,025 shares of the company’s stock valued at $2,301,000 after acquiring an additional 15,101 shares in the last quarter. Finally, Arete Wealth Advisors LLC lifted its position in shares of Innovator U.S. Small Cap Power Buffer ETF – January by 4.2% in the third quarter. Arete Wealth Advisors LLC now owns 20,475 shares of the company’s stock valued at $826,000 after acquiring an additional 834 shares in the last quarter.

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

BATS:KJAN opened at $45.24 on Wednesday. The stock has a 50-day simple moving average of $44.19 and a two-hundred day simple moving average of $42.92. Innovator U.S. Small Cap Power Buffer ETF – January has a 52-week low of $36.66 and a 52-week high of $45.40. The firm has a market capitalization of $347.44 million, a PE ratio of 15.75 and a beta of 0.64.

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.