Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sees Significant Decrease in Short Interest

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 1,090 shares, a decrease of 95.7% from the July 30th total of 25,523 shares. Based on an average daily trading volume, of 84,104 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Global Assets Advisory LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January in the 1st quarter valued at about $34,000. Assetmark Inc. grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 93.3% in the fourth quarter. Assetmark Inc. now owns 860 shares of the company’s stock valued at $40,000 after acquiring an additional 415 shares in the last quarter. Parallel Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the fourth quarter valued at approximately $65,000. Global Retirement Partners LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $100,000. Finally, Fifth Third Bancorp bought a new stake in Innovator U.S. Equity Power Buffer ETF – January during the first quarter worth $115,000.

Innovator U.S. Equity Power Buffer ETF – January Stock Up 0.2%

BATS:PJAN traded up $0.08 during trading hours on Tuesday, hitting $50.46. 37,994 shares of the company traded hands, compared to its average volume of 134,648. The company has a market cap of $1.48 billion, a PE ratio of 24.16 and a beta of 0.47. The firm’s 50-day simple moving average is $49.82 and its 200-day simple moving average is $48.50. Innovator U.S. Equity Power Buffer ETF – January has a one year low of $44.80 and a one year high of $50.60.

Innovator U.S. Equity Power Buffer ETF – January Company Profile

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.