Short Interest in Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) Decreases By 42.4%

Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 11,639 shares, a drop of 42.4% from the August 15th total of 20,196 shares. Based on an average daily volume of 5,254 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.2% of the shares of the company are sold short.

Innovator Growth-100 Power Buffer ETF – January Stock Performance

BATS NJAN opened at $60.15 on Friday. The business’s fifty day moving average is $59.32 and its 200 day moving average is $57.69. Innovator Growth-100 Power Buffer ETF – January has a fifty-two week low of $52.21 and a fifty-two week high of $60.18. The company has a market capitalization of $360.90 million, a PE ratio of 31.37 and a beta of 0.53.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NJAN. Forty three Eighteen Advisors LLC bought a new position in shares of Innovator Growth-100 Power Buffer ETF – January in the fourth quarter worth approximately $1,891,000. Silver Oak Securities Incorporated bought a new stake in shares of Innovator Growth-100 Power Buffer ETF – January during the 1st quarter valued at $695,000. NewEdge Advisors LLC lifted its stake in shares of Innovator Growth-100 Power Buffer ETF – January by 3.4% during the 2nd quarter. NewEdge Advisors LLC now owns 414,401 shares of the company’s stock valued at $24,458,000 after buying an additional 13,814 shares in the last quarter. Citadel Advisors LLC bought a new position in Innovator Growth-100 Power Buffer ETF – January in the 2nd quarter worth $1,177,000. Finally, Long Island Wealth Management Inc. boosted its holdings in Innovator Growth-100 Power Buffer ETF – January by 17.3% in the 1st quarter. Long Island Wealth Management Inc. now owns 112,785 shares of the company’s stock worth $6,019,000 after buying an additional 16,611 shares during the period.

About Innovator Growth-100 Power Buffer ETF – January

The Innovator Growth-100 Power Buffer ETF – January (NJAN) is an exchange-traded fund that is based on the NASDAQ 100 index. The fund aims for specific buffered losses and capped gains on the NASDAQ 100 over a specific holdings period. The actively-managed fund holds options and collateral. NJAN was launched on Jan 1, 2020 and is managed by Innovator.