Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 44,267 shares, a drop of 54.4% from the April 15th total of 96,972 shares. Based on an average trading volume of 151,153 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

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

Shares of Innovator U.S. Equity Power Buffer ETF – January stock opened at $48.97 on Friday. The business has a 50-day moving average of $47.38 and a 200 day moving average of $47.04. Innovator U.S. Equity Power Buffer ETF – January has a 12 month low of $42.13 and a 12 month high of $49.21. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Galvin Gaustad & Stein LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter valued at about $593,000. Penserra Capital Management LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,356,731 shares of the company’s stock valued at $62,131,000 after buying an additional 22,165 shares during the period. Crown Wealth Group LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 149.8% in the 4th quarter. Crown Wealth Group LLC now owns 70,907 shares of the company’s stock valued at $3,334,000 after buying an additional 42,520 shares during the period. Signal Advisors Wealth LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter valued at about $4,115,000. Finally, BCS Wealth Management boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 125.4% in the 4th quarter. BCS Wealth Management now owns 53,860 shares of the company’s stock valued at $2,532,000 after buying an additional 29,963 shares during the period.

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

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.