Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) Short Interest Down 65.9% in August

Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 44,987 shares, a decline of 65.9% from the July 30th total of 131,939 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 36,153 shares, the days-to-cover ratio is presently 1.2 days.

Innovator MSCI Emerging Markets Power Buffer ETF – July Stock Performance

Shares of EJUL stock traded down $0.16 on Friday, hitting $31.41. The company had a trading volume of 23,014 shares, compared to its average volume of 32,378. Innovator MSCI Emerging Markets Power Buffer ETF – July has a twelve month low of $27.95 and a twelve month high of $32.06. The firm has a market cap of $189.40 million, a P/E ratio of 13.82 and a beta of 0.39. The stock’s 50-day moving average is $30.71 and its two-hundred day moving average is $30.60.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Liberty Atlantic Advisors LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July in the 4th quarter valued at $2,782,000. Signal Advisors Wealth LLC raised its stake in Innovator MSCI Emerging Markets Power Buffer ETF – July by 44.0% during the first quarter. Signal Advisors Wealth LLC now owns 57,767 shares of the company’s stock worth $1,726,000 after buying an additional 17,655 shares during the last quarter. Talon Private Wealth LLC acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – July in the first quarter valued at $1,726,000. BFI Wealth Solutions LLC acquired a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – July during the 4th quarter worth about $828,000. Finally, Founders Financial Securities LLC lifted its stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July by 18.0% in the 1st quarter. Founders Financial Securities LLC now owns 16,096 shares of the company’s stock valued at $488,000 after purchasing an additional 2,452 shares during the period.

Innovator MSCI Emerging Markets Power Buffer ETF – July Company Profile

The Innovator MSCI Emerging Markets Power Buffer ETF – July (EJUL) 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. EJUL was launched on Jul 1, 2019 and is managed by Innovator.