Innovator 20+ Year Treasury Bond 5 Floor ETF – July (BATS:TFJL) Sees Significant Drop in Short Interest

Innovator 20+ Year Treasury Bond 5 Floor ETF – July (BATS:TFJL) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 59 shares, a drop of 77.8% from the June 30th total of 266 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,663 shares, the days-to-cover ratio is currently 0.0 days.

Innovator 20+ Year Treasury Bond 5 Floor ETF – July Price Performance

BATS:TFJL opened at $18.93 on Friday. The firm has a 50-day moving average of $19.30 and a 200-day moving average of $19.63. Innovator 20+ Year Treasury Bond 5 Floor ETF – July has a one year low of $18.90 and a one year high of $20.79.

Institutional Trading of Innovator 20+ Year Treasury Bond 5 Floor ETF – July

Several institutional investors and hedge funds have recently modified their holdings of the stock. Arlington Capital Management Inc. grew its holdings in Innovator 20+ Year Treasury Bond 5 Floor ETF – July by 4.2% during the first quarter. Arlington Capital Management Inc. now owns 44,146 shares of the company’s stock worth $871,000 after buying an additional 1,765 shares in the last quarter. Sykon Capital LLC purchased a new stake in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July in the third quarter valued at about $12,250,000. Finally, Jane Street Group LLC bought a new position in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July during the second quarter valued at about $16,251,000.

About Innovator 20+ Year Treasury Bond 5 Floor ETF – July

The Innovator 20+ Year Treasury Bond 5 Floor ETF – Quarterly (TFJL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide the price return of a long-term US Treasuries ETF, up to a cap, while minimizing the downside risk over a 3-month period. The actively-managed fund provides such exposure via FLEX options and collateral. TFJL was launched on Aug 18, 2020 and is managed by Innovator.