Innovator U.S. Equity Buffer ETF – July (BATS:BJUL) Short Interest Down 55.7% in July

Innovator U.S. Equity Buffer ETF – July (BATS:BJUL) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 24,299 shares, a decrease of 55.7% from the June 30th total of 54,860 shares. Based on an average daily trading volume, of 56,200 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Centaurus Financial Inc. purchased a new position in Innovator U.S. Equity Buffer ETF – July during the 3rd quarter valued at about $191,000. Lewis Asset Management LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – July in the 1st quarter worth approximately $283,000. HRT Financial LP purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – July in the 4th quarter worth approximately $325,000. Ballast Rock Private Wealth LLC bought a new position in shares of Innovator U.S. Equity Buffer ETF – July during the fourth quarter valued at approximately $345,000. Finally, Arkadios Wealth Advisors bought a new position in shares of Innovator U.S. Equity Buffer ETF – July during the first quarter valued at approximately $383,000.

Innovator U.S. Equity Buffer ETF – July Trading Up 0.3%

BJUL opened at $54.15 on Wednesday. The company has a market capitalization of $278.87 million, a price-to-earnings ratio of 24.64 and a beta of 0.64. Innovator U.S. Equity Buffer ETF – July has a 12-month low of $47.25 and a 12-month high of $54.76. The business’s fifty day simple moving average is $54.08 and its 200-day simple moving average is $52.30.

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

The Innovator U.S. Equity Buffer ETF – July (BJUL) 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. BJUL was launched on Aug 29, 2018 and is managed by Innovator.