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

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 82,778 shares, a decline of 48.2% from the June 30th total of 159,735 shares. Based on an average daily volume of 42,877 shares, the short-interest ratio is presently 1.9 days. Approximately 0.5% of the shares of the stock are short sold.

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

Hedge funds have recently modified their holdings of the stock. Focus Partners Wealth boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 717.2% during the fourth quarter. Focus Partners Wealth now owns 449,124 shares of the company’s stock worth $18,809,000 after acquiring an additional 394,162 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Innovator U.S. Equity Power Buffer ETF – June by 10.5% in the 2nd quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock worth $117,022,000 after purchasing an additional 280,337 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Innovator U.S. Equity Power Buffer ETF – June by 77.0% in the 2nd quarter. Raymond James Financial Inc. now owns 331,546 shares of the company’s stock worth $13,182,000 after purchasing an additional 144,206 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 179.7% during the 2nd quarter. MML Investors Services LLC now owns 120,549 shares of the company’s stock valued at $4,793,000 after purchasing an additional 77,449 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – June during the 1st quarter valued at about $2,916,000.

Innovator U.S. Equity Power Buffer ETF – June Stock Down 0.1%

PJUN stock traded down $0.06 during midday trading on Wednesday, hitting $43.01. The company’s stock had a trading volume of 966 shares, compared to its average volume of 96,466. Innovator U.S. Equity Power Buffer ETF – June has a 12 month low of $39.74 and a 12 month high of $47.56. The company has a 50 day moving average of $43.20 and a two-hundred day moving average of $42.64. The firm has a market capitalization of $784.07 million, a price-to-earnings ratio of 24.61 and a beta of 0.44.

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.