Short Interest in Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Drops By 48.2%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 82,778 shares, a decrease of 48.2% from the June 30th total of 159,735 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 42,877 shares, the short-interest ratio is currently 1.9 days.

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

BATS PJUN opened at $43.18 on Friday. Innovator U.S. Equity Power Buffer ETF – June has a twelve month low of $39.74 and a twelve month high of $47.56. The stock has a market cap of $787.17 million, a PE ratio of 24.61 and a beta of 0.44. The firm has a 50-day simple moving average of $43.18 and a 200 day simple moving average of $42.66.

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

A number of hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 149.1% during the 2nd quarter. NewEdge Advisors LLC now owns 36,668 shares of the company’s stock worth $1,458,000 after purchasing an additional 21,947 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 10.5% in the second quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock valued at $117,022,000 after purchasing an additional 280,337 shares in the last quarter. Raymond James Financial Inc. lifted its position in Innovator U.S. Equity Power Buffer ETF – June by 77.0% in the second quarter. Raymond James Financial Inc. now owns 331,546 shares of the company’s stock worth $13,182,000 after purchasing an additional 144,206 shares during the period. Jane Street Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – June in the second quarter worth $1,322,000. Finally, Benjamin Edwards Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – June by 5.6% during the second quarter. Benjamin Edwards Inc. now owns 24,229 shares of the company’s stock worth $963,000 after buying an additional 1,289 shares in the last quarter.

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.