Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Sees Large Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 8,470 shares, a decrease of 60.4% from the September 15th total of 21,373 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 24,128 shares, the short-interest ratio is currently 0.4 days.

Innovator U.S. Equity Power Buffer ETF – June Stock Down 0.6%

PJUN stock opened at $44.24 on Thursday. Innovator U.S. Equity Power Buffer ETF – June has a fifty-two week low of $39.74 and a fifty-two week high of $47.56. The firm’s 50-day simple moving average is $44.09 and its 200 day simple moving average is $43.41. The stock has a market cap of $806.50 million, a PE ratio of 24.61 and a beta of 0.44.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PJUN. Capital Square LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – June in the 2nd quarter worth approximately $229,000. City Holding Co. increased its position in Innovator U.S. Equity Power Buffer ETF – June by 407.0% in the 2nd quarter. City Holding Co. now owns 2,180 shares of the company’s stock valued at $94,000 after acquiring an additional 1,750 shares during the period. Castle Rock Wealth Management LLC increased its position in Innovator U.S. Equity Power Buffer ETF – June by 1.6% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 45,648 shares of the company’s stock valued at $1,973,000 after acquiring an additional 721 shares during the period. CoreCap Advisors LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – June by 6.3% during the 2nd quarter. CoreCap Advisors LLC now owns 209,382 shares of the company’s stock valued at $9,052,000 after acquiring an additional 12,498 shares in the last quarter. Finally, Cornerstone Wealth LLC TN bought a new stake in Innovator U.S. Equity Power Buffer ETF – June during the 1st quarter valued at $691,000.

About Innovator U.S. Equity Power Buffer ETF – June

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