Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) Sees Significant Drop in Short Interest

Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 43,695 shares, a decrease of 34.0% from the August 15th total of 66,250 shares. Based on an average trading volume of 167,130 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Innovator U.S. Equity Buffer ETF – June

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. CoreCap Advisors LLC grew its stake in Innovator U.S. Equity Buffer ETF – June by 68.6% during the 2nd quarter. CoreCap Advisors LLC now owns 21,396 shares of the company’s stock valued at $1,042,000 after acquiring an additional 8,703 shares in the last quarter. Outlook Wealth Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Buffer ETF – June by 6.7% during the 1st quarter. Outlook Wealth Advisors LLC now owns 27,038 shares of the company’s stock worth $1,251,000 after purchasing an additional 1,699 shares during the last quarter. Lido Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – June in the fourth quarter valued at approximately $1,185,000. COFG Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – June in the fourth quarter valued at approximately $553,000. Finally, Rothschild Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – June in the fourth quarter valued at approximately $692,000.

Innovator U.S. Equity Buffer ETF – June Price Performance

Shares of BATS:BJUN opened at $49.58 on Friday. The business’s 50 day moving average price is $49.35 and its 200-day moving average price is $48.43. The firm has a market capitalization of $178.49 million, a PE ratio of 24.70 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – June has a 1 year low of $45.25 and a 1 year high of $50.16.

Innovator U.S. Equity Buffer ETF – June Company Profile

The Innovator S&P 500 Buffer ETF – June (BJUN) 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. BJUN was launched on Jun 3, 2019 and is managed by Innovator.