Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Short Interest Down 95.7% in August

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,090 shares, a drop of 95.7% from the July 30th total of 25,523 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 84,104 shares, the days-to-cover ratio is currently 0.0 days.

Innovator U.S. Equity Power Buffer ETF – January Stock Performance

Shares of BATS PJAN traded up $0.08 during trading on Tuesday, hitting $50.46. 37,994 shares of the company traded hands, compared to its average volume of 134,648. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47. The business’s fifty day moving average is $49.82 and its 200 day moving average is $48.50. Innovator U.S. Equity Power Buffer ETF – January has a fifty-two week low of $44.80 and a fifty-two week high of $50.60.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – January

A number of hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 1,235.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,623,085 shares of the company’s stock valued at $76,317,000 after buying an additional 1,501,558 shares during the last quarter. Brookstone Capital Management raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 522.9% in the 1st quarter. Brookstone Capital Management now owns 758,887 shares of the company’s stock worth $35,007,000 after acquiring an additional 637,054 shares during the last quarter. Personal CFO Solutions LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – January in the 1st quarter valued at about $27,379,000. Focus Partners Wealth boosted its stake in Innovator U.S. Equity Power Buffer ETF – January by 1,350.9% during the 4th quarter. Focus Partners Wealth now owns 499,828 shares of the company’s stock valued at $23,502,000 after purchasing an additional 465,378 shares during the last quarter. Finally, Compass Advisory Group LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – January by 442.7% during the 1st quarter. Compass Advisory Group LLC now owns 370,574 shares of the company’s stock valued at $17,095,000 after purchasing an additional 302,287 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – January Company Profile

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