Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Stock Short Interest Declines 46.1%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 21,373 shares, a decrease of 46.1% from the August 31st total of 39,653 shares. Based on an average daily volume of 39,128 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

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

Shares of PJUN opened at $43.99 on Thursday. The business’s 50-day moving average is $43.88 and its two-hundred day moving average is $43.23. The company has a market capitalization of $801.94 million, a P/E ratio of 24.61 and a beta of 0.44. Innovator U.S. Equity Power Buffer ETF – June has a fifty-two week low of $39.74 and a fifty-two week high of $47.56.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – June

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. City Holding Co. lifted its holdings in Innovator U.S. Equity Power Buffer ETF – June by 407.0% in the second quarter. City Holding Co. now owns 2,180 shares of the company’s stock valued at $94,000 after acquiring an additional 1,750 shares during the period. Arkadios Wealth Advisors acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – June during the 1st quarter worth approximately $218,000. Capital Square LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – June during the 2nd quarter valued at approximately $229,000. Bank of America Corp DE purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – June during the 1st quarter valued at approximately $242,000. Finally, Fortune Financial Group Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – June in the 4th quarter valued at $497,000.

About Innovator U.S. Equity Power Buffer ETF – June

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.