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) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 68,071 shares, an increase of 318.6% from the June 15th total of 16,260 shares. Based on an average daily volume of 44,452 shares, the short-interest ratio is presently 1.5 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in JAJL. Bank of America Corp DE bought a new stake in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the third quarter valued at approximately $29,000. Optima Capital LLC bought a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the fourth quarter worth $100,000. Advisory Services Network LLC purchased a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the third quarter valued at $107,000. Steward Partners Investment Advisory LLC lifted its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 454.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,219 shares of the company’s stock valued at $123,000 after buying an additional 3,458 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 22.6% during the 4th quarter. CoreCap Advisors LLC now owns 4,679 shares of the company’s stock valued at $136,000 after buying an additional 863 shares in the last quarter.

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

JAJL traded up $0.02 during midday trading on Friday, reaching $30.02. 80,170 shares of the company’s stock traded hands, compared to its average volume of 46,231. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 52 week low of $28.20 and a 52 week high of $30.08. The firm has a fifty day moving average of $29.80 and a two-hundred day moving average of $29.41. The stock has a market capitalization of $253.07 million and a price-to-earnings ratio of 25.04.

About Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

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.