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

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 44,267 shares, a decline of 54.4% from the April 15th total of 96,972 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 151,153 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Several institutional investors have recently made changes to their positions in the company. Capital Investment Advisory Services LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January in the fourth quarter worth about $27,000. Global Assets Advisory LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – January during the 1st quarter valued at about $34,000. Assetmark Inc. increased its position in Innovator U.S. Equity Power Buffer ETF – January by 93.3% during the 4th quarter. Assetmark Inc. now owns 860 shares of the company’s stock valued at $40,000 after purchasing an additional 415 shares during the period. Parallel Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter valued at about $65,000. Finally, Global Retirement Partners LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter valued at about $100,000.

Innovator U.S. Equity Power Buffer ETF – January Stock Up 0.4%

PJAN opened at $49.21 on Friday. The stock’s fifty day moving average is $47.35 and its two-hundred day moving average is $47.03. The company has a market capitalization of $1.45 billion, a P/E ratio of 24.16 and a beta of 0.47. Innovator U.S. Equity Power Buffer ETF – January has a 52 week low of $42.13 and a 52 week high of $49.21.

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

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.