Short Interest in Innovator U.S. Equity Ultra Buffer ETF – July (BATS:UJUL) Declines By 42.3%

Innovator U.S. Equity Ultra Buffer ETF – July (BATS:UJUL) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 64,648 shares, a decline of 42.3% from the July 15th total of 112,042 shares. Based on an average trading volume of 152,214 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UJUL. Talon Private Wealth LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – July in the first quarter valued at approximately $49,000. CoreCap Advisors LLC grew its stake in Innovator U.S. Equity Ultra Buffer ETF – July by 9.7% in the 2nd quarter. CoreCap Advisors LLC now owns 2,885 shares of the company’s stock worth $118,000 after acquiring an additional 256 shares during the period. BFI Wealth Solutions LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – July in the 4th quarter valued at $219,000. Trek Financial LLC raised its holdings in Innovator U.S. Equity Ultra Buffer ETF – July by 19.4% in the 4th quarter. Trek Financial LLC now owns 6,707 shares of the company’s stock valued at $260,000 after acquiring an additional 1,090 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – July during the 1st quarter worth $272,000.

Innovator U.S. Equity Ultra Buffer ETF – July Stock Down 0.2%

Shares of BATS:UJUL opened at $41.38 on Wednesday. The company has a market capitalization of $154.35 million, a P/E ratio of 25.23 and a beta of 0.41. Innovator U.S. Equity Ultra Buffer ETF – July has a 52-week low of $37.26 and a 52-week high of $41.62. The stock’s fifty day simple moving average is $40.84 and its 200-day simple moving average is $39.90.

About Innovator U.S. Equity Ultra Buffer ETF – July

The Innovator S&P 500 Ultra Buffer ETF — July (UJUL) 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. UJUL was launched on Aug 8, 2018 and is managed by Innovator.