Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) Sees Significant Decrease in Short Interest

Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 44,987 shares, a decrease of 65.9% from the July 30th total of 131,939 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 36,153 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Straight Path Wealth Management raised its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July by 8.2% during the second quarter. Straight Path Wealth Management now owns 23,338 shares of the company’s stock worth $729,000 after purchasing an additional 1,775 shares during the period. HB Wealth Management LLC bought a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July in the second quarter valued at $283,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the second quarter worth about $188,000. Cornerstone Wealth LLC TN acquired a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July in the 1st quarter worth about $280,000. Finally, Talon Private Wealth LLC bought a new position in Innovator MSCI Emerging Markets Power Buffer ETF – July in the 1st quarter valued at about $1,726,000.

Innovator MSCI Emerging Markets Power Buffer ETF – July Stock Down 0.5%

NYSEARCA:EJUL traded down $0.16 during trading hours on Friday, reaching $31.41. The company had a trading volume of 23,014 shares, compared to its average volume of 32,378. The firm has a market cap of $189.40 million, a price-to-earnings ratio of 13.82 and a beta of 0.39. The business’s 50-day simple moving average is $30.71 and its two-hundred day simple moving average is $30.60. Innovator MSCI Emerging Markets Power Buffer ETF – July has a twelve month low of $27.95 and a twelve month high of $32.06.

About Innovator MSCI Emerging Markets Power Buffer ETF – July

The Innovator MSCI Emerging Markets Power Buffer ETF – July (EJUL) 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. EJUL was launched on Jul 1, 2019 and is managed by Innovator.