Short Interest in Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Decreases By 62.5%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 159,735 shares, a decline of 62.5% from the June 15th total of 426,373 shares. Based on an average daily volume of 201,679 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.9% of the company’s shares are sold short.

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

BATS PJUN opened at $43.45 on Wednesday. The firm has a market capitalization of $792.09 million, a price-to-earnings ratio of 24.61 and a beta of 0.44. Innovator U.S. Equity Power Buffer ETF – June has a one year low of $39.74 and a one year high of $47.56. The company’s 50 day moving average price is $43.20 and its 200 day moving average price is $42.56.

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

A number of hedge funds have recently made changes to their positions in the business. City Holding Co. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 407.0% during the 2nd quarter. City Holding Co. now owns 2,180 shares of the company’s stock valued at $94,000 after acquiring an additional 1,750 shares in the last quarter. Castle Rock Wealth Management LLC raised its position in Innovator U.S. Equity Power Buffer ETF – June by 1.6% in the second quarter. Castle Rock Wealth Management LLC now owns 45,648 shares of the company’s stock valued at $1,973,000 after purchasing an additional 721 shares during the period. CoreCap Advisors LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 6.3% during the second quarter. CoreCap Advisors LLC now owns 209,382 shares of the company’s stock worth $9,052,000 after purchasing an additional 12,498 shares in the last quarter. Cornerstone Wealth LLC TN acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – June during the first quarter worth about $691,000. Finally, Bank of America Corp DE purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – June in the first quarter worth about $242,000.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.