Innovator MSCI EAFE Power Buffer ETF – January (NYSEARCA:IJAN) Sees Significant Growth in Short Interest

Innovator MSCI EAFE Power Buffer ETF – January (NYSEARCA:IJAN) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 22,120 shares, an increase of 20.5% from the February 12th total of 18,361 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 12,072 shares, the short-interest ratio is presently 1.8 days. Based on an average trading volume of 12,072 shares, the short-interest ratio is presently 1.8 days. Currently, 0.3% of the shares of the stock are sold short.

Innovator MSCI EAFE Power Buffer ETF – January Price Performance

Shares of Innovator MSCI EAFE Power Buffer ETF – January stock traded up $0.18 on Tuesday, hitting $36.55. The company had a trading volume of 29,584 shares, compared to its average volume of 68,886. Innovator MSCI EAFE Power Buffer ETF – January has a 52 week low of $29.27 and a 52 week high of $37.80. The company has a market cap of $244.89 million, a PE ratio of 16.19 and a beta of 0.50. The business has a 50-day simple moving average of $37.02 and a 200-day simple moving average of $36.02.

Institutional Trading of Innovator MSCI EAFE Power Buffer ETF – January

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of Innovator MSCI EAFE Power Buffer ETF – January by 50.3% in the second quarter. JPMorgan Chase & Co. now owns 878 shares of the company’s stock valued at $30,000 after buying an additional 294 shares during the period. Janney Montgomery Scott LLC grew its holdings in Innovator MSCI EAFE Power Buffer ETF – January by 6.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 11,948 shares of the company’s stock worth $432,000 after acquiring an additional 674 shares during the period. Vantage Point Financial LLC raised its position in Innovator MSCI EAFE Power Buffer ETF – January by 14.3% in the fourth quarter. Vantage Point Financial LLC now owns 7,399 shares of the company’s stock worth $268,000 after acquiring an additional 926 shares in the last quarter. Arete Wealth Advisors LLC raised its position in Innovator MSCI EAFE Power Buffer ETF – January by 10.7% in the third quarter. Arete Wealth Advisors LLC now owns 9,607 shares of the company’s stock worth $338,000 after acquiring an additional 927 shares in the last quarter. Finally, Collaborative Wealth Managment Inc. lifted its holdings in Innovator MSCI EAFE Power Buffer ETF – January by 19.0% in the 2nd quarter. Collaborative Wealth Managment Inc. now owns 7,590 shares of the company’s stock valued at $260,000 after acquiring an additional 1,213 shares during the last quarter.

About Innovator MSCI EAFE Power Buffer ETF – January

The Innovator International Developed Power Buffer ETF – January (IJAN) is an exchange-traded fund that is based on the MSCI EAFE index. The fund aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral. IJAN was launched on Jan 2, 2020 and is managed by Innovator.