Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sees Large Increase in Short Interest

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 36,503 shares, a growth of 920.5% from the June 15th total of 3,577 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 151,435 shares, the short-interest ratio is presently 0.2 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 888.5% in the 4th quarter. Barclays PLC now owns 1,117 shares of the company’s stock worth $52,000 after purchasing an additional 1,004 shares during the last quarter. Chapman Financial Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – July during the 2nd quarter worth $53,000. Parallel Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter worth $64,000. Optima Capital LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at $83,000. Finally, Opus Financial Solutions LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at $210,000.

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

Shares of BATS PJUL traded up $0.12 during midday trading on Friday, hitting $49.12. The company’s stock had a trading volume of 161,596 shares, compared to its average volume of 74,908. Innovator U.S. Equity Power Buffer ETF – July has a 1-year low of $43.80 and a 1-year high of $49.12. The firm’s fifty day moving average price is $48.54 and its 200-day moving average price is $47.34. The firm has a market cap of $1.02 billion, a P/E ratio of 24.44 and a beta of 0.46.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.