Premium Income 30 Barrier ETF (BATS:JULJ) Stock Short Interest Rises 70.9%

Premium Income 30 Barrier ETF (BATS:JULJ) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 1,041 shares, a growth of 70.9% from the August 31st total of 609 shares. Based on an average daily volume of 814 shares, the short-interest ratio is presently 1.3 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of Premium Income 30 Barrier ETF

A hedge fund recently bought a new stake in Premium Income 30 Barrier ETF stock. Winnow Wealth LLC purchased a new position in shares of Premium Income 30 Barrier ETF (BATS:JULJ) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 6,836 shares of the company’s stock, valued at approximately $171,000. Winnow Wealth LLC owned about 0.91% of Premium Income 30 Barrier ETF at the end of the most recent reporting period.

Premium Income 30 Barrier ETF Stock Performance

JULJ opened at $24.83 on Friday. The firm has a market cap of $18.62 million, a price-to-earnings ratio of 23.90 and a beta of 0.11. The firm’s 50-day simple moving average is $25.02 and its 200-day simple moving average is $24.97. Premium Income 30 Barrier ETF has a twelve month low of $24.67 and a twelve month high of $25.35.

Premium Income 30 Barrier ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th will be given a $0.3364 dividend. This represents a $1.35 dividend on an annualized basis and a yield of 5.4%. This is a boost from Premium Income 30 Barrier ETF’s previous quarterly dividend of $0.3278. The ex-dividend date is Wednesday, September 30th.

About Premium Income 30 Barrier ETF

The Innovator Premium Income 30 Barrier ETF – July (JULJ) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys JULJ was launched on Jul 3, 2023 and is managed by Innovator.