Short Interest in Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Expands By 626.1%

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 19,139 shares, an increase of 626.1% from the May 31st total of 2,636 shares. Based on an average daily volume of 94,961 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

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

Several hedge funds have recently modified their holdings of PJAN. Capital Investment Advisory Services LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter worth $27,000. Global Assets Advisory LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – January in the 1st quarter valued at $34,000. Assetmark Inc. increased its holdings in Innovator U.S. Equity Power Buffer ETF – January by 93.3% in the 4th quarter. Assetmark Inc. now owns 860 shares of the company’s stock valued at $40,000 after acquiring an additional 415 shares during the last quarter. Parallel Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter worth $65,000. Finally, Global Retirement Partners LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter worth $100,000.

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

PJAN stock opened at $49.14 on Friday. Innovator U.S. Equity Power Buffer ETF – January has a 1-year low of $43.76 and a 1-year high of $49.60. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47. The business has a 50 day simple moving average of $48.99 and a two-hundred day simple moving average of $47.68.

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.