Innovator U.S. Equity Buffer ETF – January (BATS:BJAN) Sees Large Increase in Short Interest

Innovator U.S. Equity Buffer ETF – January (BATS:BJAN) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,987 shares, a growth of 250.6% from the August 15th total of 852 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,529 shares, the short-interest ratio is presently 0.5 days.

Innovator U.S. Equity Buffer ETF – January Stock Performance

BATS:BJAN opened at $60.36 on Friday. The company has a market cap of $373.02 million, a PE ratio of 24.36 and a beta of 0.68. Innovator U.S. Equity Buffer ETF – January has a 52-week low of $52.14 and a 52-week high of $60.64. The stock has a 50-day simple moving average of $59.76 and a 200 day simple moving average of $57.73.

Institutional Trading of Innovator U.S. Equity Buffer ETF – January

A number of hedge funds and other institutional investors have recently made changes to their positions in BJAN. Cerity Partners LLC boosted its holdings in Innovator U.S. Equity Buffer ETF – January by 4.7% during the second quarter. Cerity Partners LLC now owns 55,073 shares of the company’s stock worth $2,766,000 after purchasing an additional 2,494 shares during the last quarter. Chapman Financial Group LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – January in the 2nd quarter valued at $50,000. JPMorgan Chase & Co. acquired a new stake in Innovator U.S. Equity Buffer ETF – January in the 3rd quarter valued at $480,000. Raymond James Financial Inc. lifted its position in Innovator U.S. Equity Buffer ETF – January by 21.3% during the 3rd quarter. Raymond James Financial Inc. now owns 61,433 shares of the company’s stock worth $3,257,000 after buying an additional 10,783 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new stake in Innovator U.S. Equity Buffer ETF – January during the 3rd quarter worth about $2,405,000.

Innovator U.S. Equity Buffer ETF – January Company Profile

The Innovator U.S. Equity Buffer ETF – January (BJAN) 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. BJAN was launched on Jan 2, 2019 and is managed by Innovator.