Short Interest in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Increases By 407.9%

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 36,247 shares, a growth of 407.9% from the May 14th total of 7,136 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 48,353 shares, the days-to-cover ratio is presently 0.7 days.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Trading Down 0.1%

BATS:JAJL opened at $29.73 on Thursday. The stock has a market capitalization of $250.62 million and a P/E ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 1 year low of $27.58 and a 1 year high of $29.84. The firm has a 50 day moving average of $29.56 and a 200-day moving average of $29.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in JAJL. Mutual Advisors LLC lifted its position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.5% during the fourth quarter. Mutual Advisors LLC now owns 14,261 shares of the company’s stock worth $414,000 after purchasing an additional 353 shares in the last quarter. Cassady Wealth & Retirement Planning LLC raised its position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.3% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 16,447 shares of the company’s stock worth $487,000 after purchasing an additional 367 shares during the period. Ausdal Financial Partners Inc. lifted its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 0.7% during the 4th quarter. Ausdal Financial Partners Inc. now owns 54,223 shares of the company’s stock valued at $1,576,000 after purchasing an additional 369 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.2% in the 3rd quarter. Raymond James Financial Inc. now owns 24,666 shares of the company’s stock valued at $707,000 after purchasing an additional 522 shares during the period. Finally, Waverly Advisors LLC grew its position in shares of 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 purchasing an additional 700 shares during the period.

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.