Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Stock Short Interest Climbs 364.1%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 45,373 shares, a growth of 364.1% from the October 15th total of 9,776 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 35,270 shares, the days-to-cover ratio is currently 1.3 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Clear Point Advisors Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – June during the third quarter worth $3,840,000. Chicago Partners Investment Group LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – June in the 3rd quarter valued at $1,078,000. Ascent Group LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – June in the 3rd quarter valued at $288,000. Integrity Alliance LLC. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – June in the 3rd quarter worth $602,000. Finally, Integrity Advisory Solutions LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – June in the 3rd quarter worth $2,550,000.

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

PJUN stock opened at $43.68 on Wednesday. Innovator U.S. Equity Power Buffer ETF – June has a 1-year low of $39.74 and a 1-year high of $47.56. The business has a 50 day simple moving average of $44.07 and a two-hundred day simple moving average of $43.18. The company has a market capitalization of $867.05 million, a price-to-earnings ratio of 24.61 and a beta of 0.45.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.