Short Interest in Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Rises By 13,213.4%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 57,647 shares, an increase of 13,213.4% from the May 14th total of 433 shares. Based on an average trading volume of 290,686 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – June

Institutional investors and hedge funds have recently modified their holdings of the stock. Optima Capital LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – June during the fourth quarter worth about $30,000. Lloyd Advisory Services LLC. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – June during the 4th quarter valued at about $44,000. Chapman Financial Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – June during the 2nd quarter valued at about $123,000. Money Concepts Capital Corp purchased a new stake in Innovator U.S. Equity Power Buffer ETF – June during the 4th quarter valued at about $214,000. Finally, Arkadios Wealth Advisors purchased a new stake in Innovator U.S. Equity Power Buffer ETF – June during the 1st quarter valued at about $218,000.

Innovator U.S. Equity Power Buffer ETF – June Stock Performance

Shares of PJUN stock traded down $0.08 on Tuesday, reaching $42.82. 250,455 shares of the company were exchanged, compared to its average volume of 93,425. The company has a market cap of $780.61 million, a price-to-earnings ratio of 24.61 and a beta of 0.44. The business has a 50-day moving average price of $42.90 and a 200 day moving average price of $42.27. Innovator U.S. Equity Power Buffer ETF – June has a 1 year low of $38.97 and a 1 year high of $47.56.

Innovator U.S. Equity Power Buffer ETF – June Company Profile

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