Innovator U.S. Equity Buffer ETF – January (BATS:BJAN) Sees Significant Drop in Short Interest

Innovator U.S. Equity Buffer ETF – January (BATS:BJAN) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 1,143 shares, a decrease of 91.7% from the April 30th total of 13,765 shares. Based on an average trading volume of 33,665 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Innovator U.S. Equity Buffer ETF – January

Several hedge funds and other institutional investors have recently made changes to their positions in BJAN. Cerity Partners LLC raised its position in Innovator U.S. Equity Buffer ETF – January by 4.7% during the second quarter. Cerity Partners LLC now owns 55,073 shares of the company’s stock worth $2,766,000 after acquiring an additional 2,494 shares in the last quarter. Chapman Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – January during the 2nd quarter worth about $50,000. Penserra Capital Management LLC increased its stake in shares of Innovator U.S. Equity Buffer ETF – January by 1.2% during the 3rd quarter. Penserra Capital Management LLC now owns 351,581 shares of the company’s stock worth $18,639,000 after purchasing an additional 4,200 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Innovator U.S. Equity Buffer ETF – January in the 3rd quarter valued at about $480,000. Finally, Raymond James Financial Inc. lifted its stake in Innovator U.S. Equity Buffer ETF – January by 21.3% in the 3rd quarter. Raymond James Financial Inc. now owns 61,433 shares of the company’s stock valued at $3,257,000 after purchasing an additional 10,783 shares during the last quarter.

Innovator U.S. Equity Buffer ETF – January Price Performance

BJAN stock traded down $0.02 during mid-day trading on Wednesday, reaching $58.68. The company had a trading volume of 174,398 shares, compared to its average volume of 36,586. The company has a market capitalization of $362.64 million, a price-to-earnings ratio of 24.36 and a beta of 0.68. Innovator U.S. Equity Buffer ETF – January has a 52 week low of $48.25 and a 52 week high of $58.73. The stock has a 50 day simple moving average of $56.02 and a two-hundred day simple moving average of $55.22.

About Innovator U.S. Equity Buffer ETF – January

The Innovator U.S. Equity Buffer ETF – January (BJAN) 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. BJAN was launched on Jan 2, 2019 and is managed by Innovator.