Short Interest in Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) Rises By 288.4%

Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 94,633 shares, a growth of 288.4% from the June 30th total of 24,366 shares. Based on an average trading volume of 225,432 shares, the short-interest ratio is presently 0.4 days. Approximately 1.7% of the shares of the stock are sold short.

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. Cornerstone Wealth LLC TN purchased a new position in Innovator MSCI Emerging Markets Power Buffer ETF – July in the 1st quarter worth about $280,000. Talon Private Wealth LLC purchased a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – July during the first quarter valued at about $1,726,000. Arlington Capital Management Inc. purchased a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – July during the first quarter valued at about $410,000. Kestra Advisory Services LLC boosted its holdings in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July by 20.1% in the first quarter. Kestra Advisory Services LLC now owns 75,758 shares of the company’s stock worth $2,264,000 after buying an additional 12,702 shares during the period. Finally, World Investment Advisors boosted its holdings in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July by 5.4% in the first quarter. World Investment Advisors now owns 16,415 shares of the company’s stock worth $491,000 after buying an additional 846 shares during the period.

Innovator MSCI Emerging Markets Power Buffer ETF – July Price Performance

Shares of EJUL traded down $0.35 during trading hours on Friday, hitting $29.87. 116,710 shares of the company were exchanged, compared to its average volume of 33,452. The company has a market capitalization of $170.86 million, a PE ratio of 13.82 and a beta of 0.38. The firm has a fifty day simple moving average of $30.83 and a 200-day simple moving average of $30.49. Innovator MSCI Emerging Markets Power Buffer ETF – July has a one year low of $27.36 and a one year high of $32.06.

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.