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

Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 47,307 shares, a drop of 41.8% from the August 31st total of 81,351 shares. Based on an average daily volume of 59,743 shares, the short-interest ratio is currently 0.8 days. Approximately 0.7% of the company’s shares are short sold.

Innovator MSCI Emerging Markets Power Buffer ETF – July Stock Performance

Shares of NYSEARCA EJUL traded up $0.32 during mid-day trading on Friday, hitting $31.55. The stock had a trading volume of 7,073 shares, compared to its average volume of 32,646. The firm has a market cap of $217.73 million, a P/E ratio of 13.82 and a beta of 0.39. The business has a 50 day moving average price of $31.10 and a two-hundred day moving average price of $30.81. Innovator MSCI Emerging Markets Power Buffer ETF – July has a 1 year low of $28.51 and a 1 year high of $32.06.

Institutional Trading of Innovator MSCI Emerging Markets Power Buffer ETF – July

A number of institutional investors have recently modified their holdings of the company. Signal Advisors Wealth LLC lifted its position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July by 44.0% in the 1st quarter. Signal Advisors Wealth LLC now owns 57,767 shares of the company’s stock worth $1,726,000 after purchasing an additional 17,655 shares during the period. Talon Private Wealth LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the first quarter valued at approximately $1,726,000. BFI Wealth Solutions LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the fourth quarter valued at approximately $828,000. Straight Path Wealth Management grew its stake in Innovator MSCI Emerging Markets Power Buffer ETF – July by 8.2% in 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. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – July in the second quarter worth $188,000.

Innovator MSCI Emerging Markets Power Buffer ETF – July Company Profile

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.