Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) Sees Large Drop in Short Interest

Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 30,614 shares, a drop of 53.8% from the August 15th total of 66,295 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average trading volume of 45,774 shares, the short-interest ratio is presently 0.7 days.

Innovator International Developed Power Buffer ETF – June Trading Down 0.3%

Shares of NYSEARCA IJUN traded down $0.10 during midday trading on Tuesday, reaching $31.57. 1,915 shares of the stock were exchanged, compared to its average volume of 23,360. The company has a market capitalization of $94.68 million, a P/E ratio of 16.31 and a beta of 0.28. Innovator International Developed Power Buffer ETF – June has a 52-week low of $27.97 and a 52-week high of $32.12. The stock has a 50 day moving average price of $31.65 and a 200-day moving average price of $30.83.

Institutional Trading of Innovator International Developed Power Buffer ETF – June

A number of institutional investors and hedge funds have recently made changes to their positions in IJUN. IFP Advisors Inc raised its holdings in Innovator International Developed Power Buffer ETF – June by 10.7% in the fourth quarter. IFP Advisors Inc now owns 7,531 shares of the company’s stock valued at $220,000 after buying an additional 728 shares during the period. Cornerstone Wealth LLC TN purchased a new position in Innovator International Developed Power Buffer ETF – June in the first quarter valued at about $287,000. KFG Wealth Management LLC boosted its stake in shares of Innovator International Developed Power Buffer ETF – June by 22.0% during the 2nd quarter. KFG Wealth Management LLC now owns 10,374 shares of the company’s stock valued at $323,000 after buying an additional 1,872 shares during the last quarter. Gill Capital Partners LLC grew its holdings in Innovator International Developed Power Buffer ETF – June by 68.0% during the 2nd quarter. Gill Capital Partners LLC now owns 12,035 shares of the company’s stock worth $375,000 after acquiring an additional 4,870 shares in the last quarter. Finally, Advus Financial Partners LLC increased its holdings in Innovator International Developed Power Buffer ETF – June by 16.4% in the second quarter. Advus Financial Partners LLC now owns 25,254 shares of the company’s stock valued at $787,000 after buying an additional 3,550 shares during the last quarter.

Innovator International Developed Power Buffer ETF – June Company Profile

The Innovator International Developed Power Buffer ETF – June (IJUN) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting June 1. The actively managed fund utilizes FLEX options and collateral IJUN was launched on Jun 3, 2024 and is issued by Innovator.