Short Interest in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Grows By 110.0%

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 142,952 shares, a growth of 110.0% from the June 30th total of 68,071 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average trading volume of 101,676 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Mutual Advisors LLC lifted its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.5% in the 4th quarter. Mutual Advisors LLC now owns 14,261 shares of the company’s stock valued at $414,000 after buying an additional 353 shares in the last quarter. Cassady Wealth & Retirement Planning LLC raised its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.3% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 16,447 shares of the company’s stock valued at $487,000 after acquiring an additional 367 shares during the last quarter. Ausdal Financial Partners Inc. raised its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 0.7% during the fourth quarter. Ausdal Financial Partners Inc. now owns 54,223 shares of the company’s stock valued at $1,576,000 after acquiring an additional 369 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.2% in the third quarter. Raymond James Financial Inc. now owns 24,666 shares of the company’s stock valued at $707,000 after acquiring an additional 522 shares in the last quarter. Finally, Waverly Advisors LLC lifted its position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 7.4% in the first quarter. Waverly Advisors LLC now owns 10,204 shares of the company’s stock valued at $297,000 after acquiring an additional 700 shares in the last quarter.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Stock Up 0.2%

JAJL opened at $29.98 on Wednesday. The company has a market cap of $252.73 million and a price-to-earnings ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 52-week low of $28.24 and a 52-week high of $30.08. The firm’s fifty day simple moving average is $29.87 and its two-hundred day simple moving average is $29.49.

About Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

The Innovator 6mo Jan/Jul (JAJL) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a six-month outcome period. The actively managed fund holds FLEX options to obtain exposure JAJL was launched on Jul 1, 2024 and is issued by Innovator.