Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Short Interest Update

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 142,952 shares, a growth of 110.0% from the June 30th total of 68,071 shares. Based on an average daily trading volume, of 101,676 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.7% of the company’s shares are sold short.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Price Performance

Shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul stock opened at $29.93 on Tuesday. The stock has a market capitalization of $252.31 million and a price-to-earnings ratio of 25.04. The business has a 50-day moving average of $29.87 and a 200 day moving average of $29.48. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 12 month low of $28.24 and a 12 month high of $30.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. CoreCap Advisors LLC grew its holdings in shares of 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 purchasing an additional 1,520 shares in the last quarter. Cassady Wealth & Retirement Planning LLC lifted its holdings in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.3% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 16,447 shares of the company’s stock worth $487,000 after buying an additional 367 shares in the last quarter. Waverly Advisors LLC boosted its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 7.4% in the 1st quarter. Waverly Advisors LLC now owns 10,204 shares of the company’s stock valued at $297,000 after buying an additional 700 shares during the period. Cetera Investment Advisers boosted its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 4.5% in the 1st quarter. Cetera Investment Advisers now owns 39,607 shares of the company’s stock valued at $1,151,000 after buying an additional 1,718 shares during the period. Finally, Independent Financial Group LLC acquired a new position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the first quarter worth $424,000.

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.