Innovator U.S. Equity Buffer ETF – January (BATS:BJAN) Sees Large Increase in Short Interest

Innovator U.S. Equity Buffer ETF – January (BATS:BJAN) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 26,332 shares, an increase of 2,203.8% from the May 14th total of 1,143 shares. Based on an average daily volume of 28,106 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.4% of the shares of the company are short sold.

Innovator U.S. Equity Buffer ETF – January Stock Performance

BJAN traded down $0.13 during trading on Tuesday, hitting $58.19. The stock had a trading volume of 7,517 shares, compared to its average volume of 34,786. The firm has a market capitalization of $359.61 million, a P/E ratio of 24.36 and a beta of 0.68. Innovator U.S. Equity Buffer ETF – January has a twelve month low of $48.69 and a twelve month high of $59.10. The company’s 50-day moving average price is $57.04 and its 200 day moving average price is $55.59.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BJAN. My Personal CFO LLC lifted its position in Innovator U.S. Equity Buffer ETF – January by 0.4% in the first quarter. My Personal CFO LLC now owns 42,035 shares of the company’s stock valued at $2,242,000 after purchasing an additional 177 shares during the period. Beacon Pointe Advisors LLC raised its stake in shares of Innovator U.S. Equity Buffer ETF – January by 2.5% during the 4th quarter. Beacon Pointe Advisors LLC now owns 12,230 shares of the company’s stock worth $673,000 after buying an additional 297 shares in the last quarter. CoreCap Advisors LLC raised its stake in shares of Innovator U.S. Equity Buffer ETF – January by 1.0% during the 4th quarter. CoreCap Advisors LLC now owns 28,973 shares of the company’s stock worth $1,595,000 after buying an additional 298 shares in the last quarter. FSA Advisors Inc. lifted its holdings in shares of Innovator U.S. Equity Buffer ETF – January by 0.8% in the 4th quarter. FSA Advisors Inc. now owns 39,457 shares of the company’s stock valued at $2,172,000 after buying an additional 303 shares during the period. Finally, RFG Advisory LLC lifted its holdings in shares of Innovator U.S. Equity Buffer ETF – January by 7.1% in the 1st quarter. RFG Advisory LLC now owns 5,081 shares of the company’s stock valued at $271,000 after buying an additional 338 shares during the period.

Innovator U.S. Equity Buffer ETF – January Company Profile

The Innovator U.S. Equity Buffer ETF – January (BJAN) 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. BJAN was launched on Jan 2, 2019 and is managed by Innovator.