Short Interest in Innovator U.S. Small Cap Power Buffer ETF – January (BATS:KJAN) Decreases By 35.5%

Innovator U.S. Small Cap Power Buffer ETF – January (BATS:KJAN) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 14,055 shares, a drop of 35.5% from the April 15th total of 21,802 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 4,566 shares, the short-interest ratio is currently 3.1 days.

Innovator U.S. Small Cap Power Buffer ETF – January Trading Down 0.1%

Shares of Innovator U.S. Small Cap Power Buffer ETF – January stock opened at $44.09 on Tuesday. The company’s fifty day simple moving average is $42.89 and its 200-day simple moving average is $42.27. The company has a market cap of $338.61 million, a price-to-earnings ratio of 15.75 and a beta of 0.64. Innovator U.S. Small Cap Power Buffer ETF – January has a 1 year low of $35.86 and a 1 year high of $44.68.

Institutional Investors Weigh In On Innovator U.S. Small Cap Power Buffer ETF – January

Several hedge funds and other institutional investors have recently modified their holdings of KJAN. JPMorgan Chase & Co. grew its stake in shares of Innovator U.S. Small Cap Power Buffer ETF – January by 1,398.2% in the second quarter. JPMorgan Chase & Co. now owns 4,165 shares of the company’s stock worth $156,000 after acquiring an additional 3,887 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Innovator U.S. Small Cap Power Buffer ETF – January by 15.9% during the second quarter. Raymond James Financial Inc. now owns 146,664 shares of the company’s stock worth $5,497,000 after buying an additional 20,151 shares in the last quarter. Jane Street Group LLC boosted its stake in Innovator U.S. Small Cap Power Buffer ETF – January by 153.3% during the second quarter. Jane Street Group LLC now owns 26,457 shares of the company’s stock worth $992,000 after buying an additional 16,014 shares in the last quarter. AE Wealth Management LLC boosted its stake in Innovator U.S. Small Cap Power Buffer ETF – January by 8.4% during the third quarter. AE Wealth Management LLC now owns 6,196 shares of the company’s stock worth $250,000 after buying an additional 480 shares in the last quarter. Finally, Winnow Wealth LLC acquired a new stake in Innovator U.S. Small Cap Power Buffer ETF – January during the third quarter worth $267,000.

About Innovator U.S. Small Cap Power Buffer ETF – January

The Innovator U.S. Small Cap Power Buffer ETF – January (KJAN) is an exchange-traded fund that is based on the Russell 2000 index. The fund aims for specific buffered losses and capped gains on the Russell 2000 over a specific holdings period. The actively-managed fund holds options and collateral. KJAN was launched on Jan 1, 2020 and is managed by Innovator.