Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Short Interest Up 129.0% in July

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 5,367 shares, a growth of 129.0% from the July 15th total of 2,344 shares. Based on an average daily trading volume, of 7,201 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Innovator MSCI Emerging Markets Power Buffer ETF – January

Several institutional investors have recently made changes to their positions in the stock. Harbour Investments Inc. raised its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 27.3% during the 4th quarter. Harbour Investments Inc. now owns 5,599 shares of the company’s stock worth $189,000 after purchasing an additional 1,199 shares during the period. Vantage Point Financial LLC bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January in the first quarter valued at $201,000. Berger Financial Group Inc acquired a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January during the first quarter valued at $243,000. Benjamin Edwards Inc. acquired a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January during the second quarter valued at $243,000. Finally, Alaska Wealth Advisors LLC acquired a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January during the first quarter valued at $258,000.

Innovator MSCI Emerging Markets Power Buffer ETF – January Price Performance

Shares of NYSEARCA:EJAN traded up $0.03 during trading on Friday, reaching $36.62. 4,229 shares of the company’s stock traded hands, compared to its average volume of 23,377. The stock has a market capitalization of $148.31 million, a P/E ratio of 14.55 and a beta of 0.40. Innovator MSCI Emerging Markets Power Buffer ETF – January has a 12 month low of $32.35 and a 12 month high of $36.70. The company has a 50 day moving average of $35.84 and a 200-day moving average of $35.30.

Innovator MSCI Emerging Markets Power Buffer ETF – January Company Profile

The Innovator Emerging Markets Power Buffer ETF – January (EJAN) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund aims for specific buffered losses and capped gains on the MSCI Emerging Markets Index over a specific holdings period. The actively-managed fund holds options and collateral. EJAN was launched on Jan 1, 2020 and is managed by Innovator.