Innovator MSCI EAFE Power Buffer ETF – July (NYSEARCA:IJUL) Short Interest Update

Innovator MSCI EAFE Power Buffer ETF – July (NYSEARCA:IJUL) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 140,463 shares, a drop of 62.4% from the July 15th total of 373,595 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 54,208 shares, the short-interest ratio is currently 2.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IJUL. Parallel Advisors LLC purchased a new position in shares of Innovator MSCI EAFE Power Buffer ETF – July during the 4th quarter worth about $70,000. Advisory Services Network LLC purchased a new stake in Innovator MSCI EAFE Power Buffer ETF – July in the 3rd quarter worth about $131,000. Chapman Financial Group LLC purchased a new stake in Innovator MSCI EAFE Power Buffer ETF – July in the 2nd quarter worth about $145,000. CIBC Bancorp USA Inc. bought a new stake in Innovator MSCI EAFE Power Buffer ETF – July in the third quarter worth about $205,000. Finally, CIBC Private Wealth Group LLC bought a new stake in Innovator MSCI EAFE Power Buffer ETF – July in the third quarter worth about $205,000.

Innovator MSCI EAFE Power Buffer ETF – July Trading Down 0.2%

Shares of NYSEARCA IJUL traded down $0.07 during trading hours on Friday, hitting $36.97. 21,192 shares of the company traded hands, compared to its average volume of 35,308. The stock has a market capitalization of $254.35 million, a price-to-earnings ratio of 16.30 and a beta of 0.45. The company’s 50 day moving average price is $36.10 and its 200 day moving average price is $35.08. Innovator MSCI EAFE Power Buffer ETF – July has a 12 month low of $31.90 and a 12 month high of $38.98.

Innovator MSCI EAFE Power Buffer ETF – July Company Profile

The Innovator MSCI EAFE Power Buffer ETF – July (IJUL) is an exchange-traded fund that is based on the MSCI EAFE index. The fund aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral. IJUL was launched on Jul 1, 2019 and is managed by Innovator.