Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Sees Large Decrease in Short Interest

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,785 shares, a decline of 37.8% from the June 15th total of 6,081 shares. Based on an average trading volume of 11,366 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Benjamin Edwards Inc. bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January in the 2nd quarter valued at approximately $243,000. Citadel Advisors LLC bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January in the third quarter worth $572,000. Susquehanna International Group LLP lifted its position in Innovator MSCI Emerging Markets Power Buffer ETF – January by 45.4% in the third quarter. Susquehanna International Group LLP now owns 9,609 shares of the company’s stock worth $319,000 after buying an additional 3,002 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 6.8% during the third quarter. Sunbelt Securities Inc. now owns 31,447 shares of the company’s stock worth $1,044,000 after buying an additional 1,991 shares during the period. Finally, NorthCrest Asset Manangement LLC bought a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January during the fourth quarter valued at $782,000.

Innovator MSCI Emerging Markets Power Buffer ETF – January Stock Performance

EJAN stock opened at $35.37 on Friday. The firm has a fifty day moving average price of $35.78 and a 200 day moving average price of $35.07. Innovator MSCI Emerging Markets Power Buffer ETF – January has a fifty-two week low of $32.06 and a fifty-two week high of $36.23. The firm has a market cap of $143.25 million, a PE ratio of 14.55 and a beta of 0.40.

Innovator MSCI Emerging Markets Power Buffer ETF – January Company Profile

The Innovator Emerging Markets Power Buffer ETF – January (EJAN) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund aims for specific buffered losses and capped gains on the MSCI Emerging Markets Index over a specific holdings period. The actively-managed fund holds options and collateral. EJAN was launched on Jan 1, 2020 and is managed by Innovator.