Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Sees Large Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 82,778 shares, a drop of 48.2% from the June 30th total of 159,735 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 42,877 shares, the days-to-cover ratio is presently 1.9 days.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – June

A number of institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. grew its holdings in Innovator U.S. Equity Power Buffer ETF – June by 10.5% during the second quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock valued at $117,022,000 after purchasing an additional 280,337 shares during the period. Focus Partners Wealth raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 717.2% in the fourth quarter. Focus Partners Wealth now owns 449,124 shares of the company’s stock worth $18,809,000 after buying an additional 394,162 shares during the period. Raymond James Financial Inc. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 77.0% in the second quarter. Raymond James Financial Inc. now owns 331,546 shares of the company’s stock worth $13,182,000 after buying an additional 144,206 shares during the period. LPL Financial LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 11.0% during the 4th quarter. LPL Financial LLC now owns 224,057 shares of the company’s stock valued at $9,384,000 after buying an additional 22,128 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 6.3% during the 2nd quarter. CoreCap Advisors LLC now owns 209,382 shares of the company’s stock valued at $9,052,000 after buying an additional 12,498 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – June Trading Down 0.1%

BATS PJUN traded down $0.06 during trading hours on Wednesday, hitting $43.01. 966 shares of the company’s stock traded hands, compared to its average volume of 96,466. Innovator U.S. Equity Power Buffer ETF – June has a 52 week low of $39.74 and a 52 week high of $47.56. The firm has a market capitalization of $784.07 million, a P/E ratio of 24.61 and a beta of 0.44. The business’s fifty day moving average price is $43.20 and its two-hundred day moving average price is $42.64.

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.