Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) Short Interest Down 34.0% in August

Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 43,695 shares, a decline of 34.0% from the August 15th total of 66,250 shares. Based on an average daily trading volume, of 167,130 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BJUN. Outlook Wealth Advisors LLC lifted its stake in shares of Innovator U.S. Equity Buffer ETF – June by 6.7% in the first quarter. Outlook Wealth Advisors LLC now owns 27,038 shares of the company’s stock worth $1,251,000 after buying an additional 1,699 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Innovator U.S. Equity Buffer ETF – June by 68.6% during the second quarter. CoreCap Advisors LLC now owns 21,396 shares of the company’s stock valued at $1,042,000 after acquiring an additional 8,703 shares in the last quarter. COFG Advisors LLC bought a new stake in shares of Innovator U.S. Equity Buffer ETF – June during the fourth quarter valued at approximately $553,000. Rothschild Wealth LLC purchased a new position in Innovator U.S. Equity Buffer ETF – June in the 4th quarter worth approximately $692,000. Finally, Lido Advisors LLC purchased a new position in Innovator U.S. Equity Buffer ETF – June in the 4th quarter worth approximately $1,185,000.

Innovator U.S. Equity Buffer ETF – June Stock Up 0.9%

Shares of BATS BJUN opened at $49.56 on Friday. The firm has a market capitalization of $178.42 million, a P/E ratio of 24.70 and a beta of 0.63. The stock’s 50-day simple moving average is $49.34 and its two-hundred day simple moving average is $48.42. Innovator U.S. Equity Buffer ETF – June has a twelve month low of $45.25 and a twelve month high of $50.16.

About Innovator U.S. Equity Buffer ETF – June

The Innovator S&P 500 Buffer ETF – June (BJUN) 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. BJUN was launched on Jun 3, 2019 and is managed by Innovator.