Premium Income 30 Barrier ETF (BATS:JULJ) Stock Short Interest Jumps 70.9%

Premium Income 30 Barrier ETF (BATS:JULJ) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,041 shares, a growth of 70.9% from the August 31st total of 609 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 814 shares, the days-to-cover ratio is currently 1.3 days.

Premium Income 30 Barrier ETF Trading Down 1.3%

Shares of JULJ opened at $24.82 on Thursday. The company has a market cap of $18.61 million, a price-to-earnings ratio of 23.90 and a beta of 0.11. The business’s fifty day simple moving average is $25.01 and its two-hundred day simple moving average is $24.97. Premium Income 30 Barrier ETF has a 12 month low of $24.67 and a 12 month high of $25.35.

Premium Income 30 Barrier ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.3364 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This is an increase from Premium Income 30 Barrier ETF’s previous quarterly dividend of $0.3278. This represents a $1.35 dividend on an annualized basis and a dividend yield of 5.4%.

Institutional Investors Weigh In On Premium Income 30 Barrier ETF

A hedge fund recently bought a new position in Premium Income 30 Barrier ETF stock. Winnow Wealth LLC purchased a new stake in shares of Premium Income 30 Barrier ETF (BATS:JULJ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,836 shares of the company’s stock, valued at approximately $171,000. Winnow Wealth LLC owned about 0.91% of Premium Income 30 Barrier ETF as of its most recent SEC filing.

Premium Income 30 Barrier ETF Company Profile

The Innovator Premium Income 30 Barrier ETF – July (JULJ) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys JULJ was launched on Jul 3, 2023 and is managed by Innovator.