Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Short Interest Down 55.4% in August

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 39,653 shares, a decline of 55.4% from the August 15th total of 88,897 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 196,627 shares, the short-interest ratio is currently 0.2 days.

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

PJUN opened at $43.99 on Monday. The company has a market capitalization of $801.94 million, a price-to-earnings ratio of 24.61 and a beta of 0.44. The firm’s fifty day moving average price is $43.71 and its two-hundred day moving average price is $43.06. Innovator U.S. Equity Power Buffer ETF – June has a 1 year low of $39.74 and a 1 year high of $47.56.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Independent Financial Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – June during the first quarter worth about $2,916,000. Patriot Financial Group Insurance Agency LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – June by 100.0% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 54,690 shares of the company’s stock valued at $2,288,000 after buying an additional 27,345 shares during the last quarter. COFG Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – June in the 4th quarter valued at about $1,400,000. BFI Wealth Solutions LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – June during the 4th quarter worth approximately $1,261,000. Finally, Cornerstone Wealth LLC TN bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – June during the 1st quarter worth approximately $691,000.

About Innovator U.S. Equity Power Buffer ETF – June

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.