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

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 508,471 shares, a growth of 1,293.0% from the June 30th total of 36,503 shares. Based on an average trading volume of 396,653 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.5% of the shares of the company are sold short.

Innovator U.S. Equity Power Buffer ETF – July Trading Up 0.0%

Shares of Innovator U.S. Equity Power Buffer ETF – July stock opened at $48.60 on Friday. Innovator U.S. Equity Power Buffer ETF – July has a 1 year low of $43.91 and a 1 year high of $49.16. The company’s fifty day simple moving average is $48.67 and its 200-day simple moving average is $47.50. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 24.44 and a beta of 0.46.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Focus Partners Wealth increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 750.8% during the 4th quarter. Focus Partners Wealth now owns 366,446 shares of the company’s stock worth $17,014,000 after purchasing an additional 323,374 shares during the period. Talon Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – July in the first quarter valued at about $5,087,000. NewEdge Advisors LLC grew its position in Innovator U.S. Equity Power Buffer ETF – July by 123.7% during the second quarter. NewEdge Advisors LLC now owns 183,319 shares of the company’s stock worth $8,039,000 after buying an additional 101,387 shares in the last quarter. Signal Advisors Wealth LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – July during the fourth quarter valued at about $4,109,000. Finally, World Investment Advisors increased its stake in Innovator U.S. Equity Power Buffer ETF – July by 60.2% during the fourth quarter. World Investment Advisors now owns 205,044 shares of the company’s stock valued at $9,520,000 after acquiring an additional 77,031 shares during the period.

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

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.