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

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 31,606 shares, an increase of 2,747.4% from the April 15th total of 1,110 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 39,506 shares, the days-to-cover ratio is currently 0.8 days.

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

BATS:JAJL traded up $0.02 during mid-day trading on Monday, reaching $29.68. The stock had a trading volume of 10,517 shares, compared to its average volume of 44,063. The stock has a market cap of $250.20 million and a P/E ratio of 25.04. The business’s 50 day moving average is $29.27 and its 200 day moving average is $29.11. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a fifty-two week low of $27.33 and a fifty-two week high of $29.68.

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

A number of large investors have recently bought and sold shares of the business. Independent Financial Group LLC bought a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the first quarter valued at about $424,000. Archer Investment Corp increased its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 305.0% during the 1st quarter. Archer Investment Corp now owns 8,830 shares of the company’s stock valued at $257,000 after acquiring an additional 6,650 shares during the last quarter. World Investment Advisors raised its stake in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 26.3% in the 1st quarter. World Investment Advisors now owns 39,800 shares of the company’s stock valued at $1,157,000 after acquiring an additional 8,293 shares in the last quarter. Private Advisor Group LLC acquired a new stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the 1st quarter worth approximately $305,000. Finally, KFG Wealth Management LLC boosted its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 10.8% during the first quarter. KFG Wealth Management LLC now owns 25,358 shares of the company’s stock worth $737,000 after purchasing an additional 2,470 shares during the period.

About Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

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.