Premium Income 30 Barrier ETF (BATS:JULJ) Sees Significant Drop in Short Interest

Premium Income 30 Barrier ETF (BATS:JULJ) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 814 shares, a drop of 83.6% from the July 30th total of 4,954 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,468 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Premium Income 30 Barrier ETF

A hedge fund recently raised its stake in Premium Income 30 Barrier ETF stock. Sunbelt Securities Inc. boosted its holdings in shares of Premium Income 30 Barrier ETF (BATS:JULJ) by 9.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,822 shares of the company’s stock after acquiring an additional 935 shares during the period. Sunbelt Securities Inc. owned 1.44% of Premium Income 30 Barrier ETF worth $270,000 at the end of the most recent reporting period.

Premium Income 30 Barrier ETF Price Performance

Shares of JULJ opened at $25.08 on Friday. Premium Income 30 Barrier ETF has a 52-week low of $24.67 and a 52-week high of $25.35. The stock has a market cap of $18.81 million, a PE ratio of 23.90 and a beta of 0.11. The firm’s fifty day moving average is $24.89 and its two-hundred day moving average is $24.96.

About Premium Income 30 Barrier ETF

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.