Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Short Interest Down 37.8% in June

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 3,785 shares, a drop of 37.8% from the June 15th total of 6,081 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 11,366 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Benjamin Edwards Inc. purchased a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January during the second quarter worth about $243,000. Citadel Advisors LLC acquired a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January during the 3rd quarter worth approximately $572,000. Susquehanna International Group LLP raised its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 45.4% during the 3rd quarter. Susquehanna International Group LLP now owns 9,609 shares of the company’s stock valued at $319,000 after buying an additional 3,002 shares during the period. Sunbelt Securities Inc. raised its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 6.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 31,447 shares of the company’s stock valued at $1,044,000 after buying an additional 1,991 shares during the period. Finally, NorthCrest Asset Manangement LLC purchased a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January during the 4th quarter valued at approximately $782,000.

Innovator MSCI Emerging Markets Power Buffer ETF – January Trading Down 0.5%

EJAN stock opened at $35.37 on Friday. Innovator MSCI Emerging Markets Power Buffer ETF – January has a 12 month low of $32.06 and a 12 month high of $36.23. The company has a 50-day moving average price of $35.78 and a 200 day moving average price of $35.07. The stock has a market cap of $143.25 million, a PE ratio of 14.55 and a beta of 0.40.

About Innovator MSCI Emerging Markets Power Buffer ETF – January

The Innovator Emerging Markets Power Buffer ETF – January (EJAN) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund aims for specific buffered losses and capped gains on the MSCI Emerging Markets Index over a specific holdings period. The actively-managed fund holds options and collateral. EJAN was launched on Jan 1, 2020 and is managed by Innovator.