Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) Short Interest Down 65.9% in August

Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 44,987 shares, a decrease of 65.9% from the July 30th total of 131,939 shares. Based on an average daily volume of 36,153 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.7% of the shares of the stock are sold short.

Innovator MSCI Emerging Markets Power Buffer ETF – July Stock Performance

EJUL traded down $0.16 during trading on Friday, reaching $31.41. 23,014 shares of the company traded hands, compared to its average volume of 32,378. Innovator MSCI Emerging Markets Power Buffer ETF – July has a 12-month low of $27.95 and a 12-month high of $32.06. The firm has a fifty day simple moving average of $30.71 and a 200 day simple moving average of $30.60. The company has a market cap of $189.40 million, a P/E ratio of 13.82 and a beta of 0.39.

Hedge Funds Weigh In On Innovator MSCI Emerging Markets Power Buffer ETF – July

A number of hedge funds and other institutional investors have recently modified their holdings of EJUL. Northwestern Mutual Wealth Management Co. bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – July in the 2nd quarter valued at $29,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the 2nd quarter valued at about $188,000. CIBC Bancorp USA Inc. bought a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the 3rd quarter valued at about $203,000. CIBC Private Wealth Group LLC purchased a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the third quarter valued at about $203,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the first quarter valued at about $237,000.

About Innovator MSCI Emerging Markets Power Buffer ETF – July

The Innovator MSCI Emerging Markets Power Buffer ETF – July (EJUL) 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. EJUL was launched on Jul 1, 2019 and is managed by Innovator.