Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Stock Short Interest Declines 78.4%

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 5,083 shares, a drop of 78.4% from the October 15th total of 23,558 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 25,511 shares, the short-interest ratio is presently 0.2 days.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Price Performance

Shares of BATS:JAJL opened at $30.32 on Thursday. The company has a 50 day moving average of $30.31 and a 200-day moving average of $29.80. The stock has a market cap of $304.11 million, a price-to-earnings ratio of 22.67 and a beta of 0.17. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a one year low of $28.71 and a one year high of $30.55.

Institutional Investors Weigh In On Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

Several hedge funds have recently bought and sold shares of JAJL. Private Advisor Group LLC bought a new position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the 3rd quarter valued at about $1,886,000. HighTower Advisors LLC acquired a new position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the third quarter valued at about $5,359,000. Harbour Investments Inc. bought a new stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the third quarter worth about $858,000. Valmark Advisers Inc. bought a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the third quarter valued at approximately $637,000. Finally, Money Concepts Capital Corp bought a new position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the 3rd quarter valued at $346,000.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Company Profile

The Innovator 6mo Jan/Jul (JAJL) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a six-month outcome period. The actively managed fund holds FLEX options to obtain exposure JAJL was launched on Jul 1, 2024 and is issued by Innovator.