Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Short Interest Down 39.9% in July

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,717 shares, a drop of 39.9% from the June 30th total of 7,850 shares. Based on an average daily volume of 72,108 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

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

Shares of PJAN stock opened at $49.33 on Thursday. Innovator U.S. Equity Power Buffer ETF – January has a fifty-two week low of $44.10 and a fifty-two week high of $49.89. The company has a 50 day moving average price of $49.45 and a 200 day moving average price of $48.12. The stock has a market capitalization of $1.45 billion, a P/E ratio of 24.16 and a beta of 0.47.

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

A number of large investors have recently modified their holdings of the stock. Capital Investment Advisory Services LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the fourth quarter valued at $27,000. Global Assets Advisory LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – January during the 1st quarter worth $34,000. Assetmark Inc. grew its stake in Innovator U.S. Equity Power Buffer ETF – January by 93.3% during the 4th quarter. Assetmark Inc. now owns 860 shares of the company’s stock worth $40,000 after purchasing an additional 415 shares in the last quarter. Parallel Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 4th quarter worth about $65,000. Finally, Global Retirement Partners LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 4th quarter worth about $100,000.

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

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