Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Sees Significant Growth in Short Interest

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 68,071 shares, an increase of 318.6% from the June 15th total of 16,260 shares. Based on an average trading volume of 44,452 shares, the short-interest ratio is currently 1.5 days. Approximately 0.8% of the company’s stock are sold short.

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

Shares of JAJL opened at $30.02 on Monday. The firm has a market cap of $253.07 million and a PE ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a twelve month low of $28.20 and a twelve month high of $30.08. The firm’s 50 day moving average price is $29.80 and its 200 day moving average price is $29.41.

Hedge Funds Weigh In On Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

Several large investors have recently bought and sold shares of JAJL. CoreCap Advisors LLC lifted its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 32.5% in the second quarter. CoreCap Advisors LLC now owns 6,199 shares of the company’s stock worth $185,000 after purchasing an additional 1,520 shares during the period. Cassady Wealth & Retirement Planning LLC lifted its holdings in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.3% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 16,447 shares of the company’s stock worth $487,000 after buying an additional 367 shares in the last quarter. Waverly Advisors LLC boosted its holdings in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 7.4% in the first quarter. Waverly Advisors LLC now owns 10,204 shares of the company’s stock valued at $297,000 after acquiring an additional 700 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 4.5% in the 1st quarter. Cetera Investment Advisers now owns 39,607 shares of the company’s stock valued at $1,151,000 after purchasing an additional 1,718 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the first quarter valued at approximately $424,000.

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.