Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) Short Interest Up 65.3% in August

Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 20,196 shares, a growth of 65.3% from the July 30th total of 12,218 shares. Based on an average daily volume of 6,794 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of Innovator Growth-100 Power Buffer ETF – January

A number of institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new stake in shares of Innovator Growth-100 Power Buffer ETF – January in the first quarter worth approximately $970,000. MML Investors Services LLC boosted its holdings in Innovator Growth-100 Power Buffer ETF – January by 2.2% in the second quarter. MML Investors Services LLC now owns 29,282 shares of the company’s stock worth $1,486,000 after purchasing an additional 621 shares during the last quarter. Orion Porfolio Solutions LLC purchased a new stake in Innovator Growth-100 Power Buffer ETF – January in the second quarter worth approximately $725,000. Snowden Capital Advisors LLC bought a new stake in Innovator Growth-100 Power Buffer ETF – January in the 2nd quarter worth approximately $210,000. Finally, JPMorgan Chase & Co. bought a new stake in Innovator Growth-100 Power Buffer ETF – January in the 3rd quarter worth approximately $33,000.

Innovator Growth-100 Power Buffer ETF – January Price Performance

Shares of Innovator Growth-100 Power Buffer ETF – January stock traded down $0.21 during trading on Tuesday, hitting $59.73. 1,374 shares of the company’s stock traded hands, compared to its average volume of 24,799. Innovator Growth-100 Power Buffer ETF – January has a 1 year low of $51.59 and a 1 year high of $59.97. The stock has a market capitalization of $358.38 million, a P/E ratio of 31.37 and a beta of 0.53. The business has a 50-day simple moving average of $58.97 and a 200-day simple moving average of $57.21.

About Innovator Growth-100 Power Buffer ETF – January

The Innovator Growth-100 Power Buffer ETF – January (NJAN) is an exchange-traded fund that is based on the NASDAQ 100 index. The fund aims for specific buffered losses and capped gains on the NASDAQ 100 over a specific holdings period. The actively-managed fund holds options and collateral. NJAN was launched on Jan 1, 2020 and is managed by Innovator.