Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Short Interest Up 95.1% in August

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 179,303 shares, an increase of 95.1% from the August 15th total of 91,919 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average trading volume of 52,318 shares, the days-to-cover ratio is currently 3.4 days.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Stock Performance

Shares of BATS:JAJL opened at $30.15 on Thursday. The firm has a fifty day moving average price of $30.13 and a 200 day moving average price of $29.74. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a fifty-two week low of $28.58 and a fifty-two week high of $30.33. The firm has a market cap of $254.16 million and a price-to-earnings ratio of 25.04.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in JAJL. Ameritas Advisory Services LLC increased its position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 452.1% during the second quarter. Ameritas Advisory Services LLC now owns 47,260 shares of the company’s stock worth $1,414,000 after acquiring an additional 38,700 shares during the period. Kingsview Wealth Management LLC grew its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.0% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,592,645 shares of the company’s stock worth $46,282,000 after purchasing an additional 31,915 shares in the last quarter. BFI Wealth Solutions LLC purchased a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the 4th quarter worth $479,000. Independent Financial Group LLC purchased a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the 1st quarter worth $424,000. Finally, Weaver Capital Management LLC increased its holdings in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 23.8% during the 1st quarter. Weaver Capital Management LLC now owns 71,151 shares of the company’s stock worth $2,068,000 after purchasing an additional 13,674 shares during the period.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Company Profile

The Innovator 6mo Jan/Jul (JAJL) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a six-month outcome period. The actively managed fund holds FLEX options to obtain exposure JAJL was launched on Jul 1, 2024 and is issued by Innovator.