Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) Stock Short Interest Rises 102.1%

Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 40,036 shares, a growth of 102.1% from the September 30th total of 19,807 shares. Based on an average trading volume of 3,032 shares, the short-interest ratio is presently 13.2 days. Currently, 2.0% of the company’s shares are short sold.

Innovator International Developed Power Buffer ETF – June Price Performance

Shares of IJUN traded down $0.17 during midday trading on Friday, hitting $31.19. The stock had a trading volume of 35 shares, compared to its average volume of 20,377. Innovator International Developed Power Buffer ETF – June has a 1 year low of $27.97 and a 1 year high of $32.12. The firm has a market cap of $63.94 million, a PE ratio of 16.31 and a beta of 0.29. The stock’s 50 day moving average is $31.49 and its 200 day moving average is $30.78.

Institutional Trading of Innovator International Developed Power Buffer ETF – June

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Financial Network Wealth Advisors LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF – June during the 3rd quarter worth approximately $25,000. Corrado Advisors LLC bought a new position in Innovator International Developed Power Buffer ETF – June in the 3rd quarter valued at $2,502,000. Diligent Investors LLC bought a new position in Innovator International Developed Power Buffer ETF – June in the 3rd quarter valued at $713,000. IFP Advisors Inc grew its position in Innovator International Developed Power Buffer ETF – June by 5.3% in the 3rd quarter. IFP Advisors Inc now owns 11,851 shares of the company’s stock valued at $370,000 after acquiring an additional 592 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Innovator International Developed Power Buffer ETF – June by 81.0% in the second quarter. Envestnet Asset Management Inc. now owns 15,833 shares of the company’s stock worth $494,000 after purchasing an additional 7,085 shares during the period.

Innovator International Developed Power Buffer ETF – June Company Profile

The Innovator International Developed Power Buffer ETF – June (IJUN) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting June 1. The actively managed fund utilizes FLEX options and collateral IJUN was launched on Jun 3, 2024 and is issued by Innovator.