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

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 179,303 shares, an increase of 95.1% from the August 15th total of 91,919 shares. Based on an average daily trading volume, of 52,318 shares, the days-to-cover ratio is presently 3.4 days. Currently, 2.1% of the shares of the company are sold short.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Stock Down 0.1%

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul stock traded down $0.04 during trading hours on Tuesday, hitting $30.18. The stock had a trading volume of 2,881 shares, compared to its average volume of 46,558. The company has a 50-day moving average of $30.12 and a two-hundred day moving average of $29.73. The company has a market cap of $254.38 million and a PE ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a fifty-two week low of $28.58 and a fifty-two week high of $30.33.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC increased its holdings in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 452.1% in the 2nd quarter. Ameritas Advisory Services LLC now owns 47,260 shares of the company’s stock valued at $1,414,000 after buying an additional 38,700 shares during the period. NWF Advisory Services Inc. acquired a new stake in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the 2nd quarter valued at about $203,000. CoreCap Advisors LLC increased its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 32.5% in the second quarter. CoreCap Advisors LLC now owns 6,199 shares of the company’s stock valued at $185,000 after acquiring an additional 1,520 shares during the period. Cassady Wealth & Retirement Planning LLC increased its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.3% in the first quarter. Cassady Wealth & Retirement Planning LLC now owns 16,447 shares of the company’s stock valued at $487,000 after acquiring an additional 367 shares during the period. Finally, Waverly Advisors LLC raised its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 7.4% in the first quarter. Waverly Advisors LLC now owns 10,204 shares of the company’s stock worth $297,000 after purchasing an additional 700 shares in the last quarter.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Company Profile

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.