Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Sees Significant Growth in Short Interest

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 5,367 shares, an increase of 129.0% from the July 15th total of 2,344 shares. Based on an average daily volume of 7,201 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

Innovator MSCI Emerging Markets Power Buffer ETF – January Stock Performance

Shares of EJAN traded up $0.03 during midday trading on Friday, hitting $36.62. The company had a trading volume of 4,229 shares, compared to its average volume of 23,377. Innovator MSCI Emerging Markets Power Buffer ETF – January has a 1 year low of $32.35 and a 1 year high of $36.70. The firm has a market capitalization of $148.31 million, a P/E ratio of 14.55 and a beta of 0.40. The company’s 50-day simple moving average is $35.84 and its 200-day simple moving average is $35.30.

Institutional Investors Weigh In On Innovator MSCI Emerging Markets Power Buffer ETF – January

A number of hedge funds and other institutional investors have recently modified their holdings of EJAN. Benjamin Edwards Inc. acquired a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January in the second quarter valued at $243,000. Citadel Advisors LLC acquired a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January during the third quarter worth approximately $572,000. Susquehanna International Group LLP lifted its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 45.4% during the 3rd quarter. Susquehanna International Group LLP now owns 9,609 shares of the company’s stock worth $319,000 after buying an additional 3,002 shares during the last quarter. Sunbelt Securities Inc. lifted its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 6.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 31,447 shares of the company’s stock worth $1,044,000 after buying an additional 1,991 shares during the last quarter. Finally, WorthPointe LLC boosted its holdings in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 47.5% in the 4th quarter. WorthPointe LLC now owns 10,761 shares of the company’s stock valued at $364,000 after buying an additional 3,467 shares in the last quarter.

Innovator MSCI Emerging Markets Power Buffer ETF – January Company Profile

The Innovator Emerging Markets Power Buffer ETF – January (EJAN) 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. EJAN was launched on Jan 1, 2020 and is managed by Innovator.