Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) Sees Large Decline in Short Interest

Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 30,614 shares, a drop of 53.8% from the August 15th total of 66,295 shares. Based on an average daily volume of 45,774 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.2% of the company’s stock are sold short.

Innovator International Developed Power Buffer ETF – June Price Performance

IJUN opened at $31.80 on Monday. The firm has a market capitalization of $80.45 million, a PE ratio of 16.31 and a beta of 0.28. The business’s 50-day moving average is $31.65 and its two-hundred day moving average is $30.82. Innovator International Developed Power Buffer ETF – June has a 1 year low of $27.97 and a 1 year high of $32.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IJUN. Syon Capital LLC purchased a new stake in Innovator International Developed Power Buffer ETF – June during the second quarter valued at approximately $1,637,000. Atlantic Private Wealth LLC purchased a new position in Innovator International Developed Power Buffer ETF – June in the second quarter worth $1,334,000. IHT Wealth Management LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – June during the second quarter worth $1,026,000. Goldman Sachs Group Inc. acquired a new position in shares of Innovator International Developed Power Buffer ETF – June during the fourth quarter worth $731,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Innovator International Developed Power Buffer ETF – June by 192.1% during the 2nd quarter. Osaic Holdings Inc. now owns 33,989 shares of the company’s stock valued at $943,000 after purchasing an additional 22,351 shares during the last quarter.

Innovator International Developed Power Buffer ETF – June Company Profile

The Innovator International Developed Power Buffer ETF – June (IJUN) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting June 1. The actively managed fund utilizes FLEX options and collateral IJUN was launched on Jun 3, 2024 and is issued by Innovator.