Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Short Interest Up 407.9% in May

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 36,247 shares, a growth of 407.9% from the May 14th total of 7,136 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 48,353 shares, the days-to-cover ratio is presently 0.7 days.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Stock Performance

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul stock traded down $0.01 during trading hours on Friday, hitting $29.79. 4,990 shares of the stock were exchanged, compared to its average volume of 41,165. The stock has a market capitalization of $251.13 million and a P/E ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 12 month low of $27.58 and a 12 month high of $29.85. The business’s 50-day moving average is $29.57 and its two-hundred day moving average is $29.27.

Institutional Trading of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

Several large investors have recently added to or reduced their stakes in the company. Mutual Advisors LLC grew its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.5% during the fourth quarter. Mutual Advisors LLC now owns 14,261 shares of the company’s stock worth $414,000 after buying an additional 353 shares during the last quarter. Cassady Wealth & Retirement Planning LLC grew its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.3% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 16,447 shares of the company’s stock worth $487,000 after buying an additional 367 shares during the last quarter. Ausdal Financial Partners Inc. grew its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 0.7% during the fourth quarter. Ausdal Financial Partners Inc. now owns 54,223 shares of the company’s stock worth $1,576,000 after buying an additional 369 shares during the last quarter. Raymond James Financial Inc. grew its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.2% during the third quarter. Raymond James Financial Inc. now owns 24,666 shares of the company’s stock worth $707,000 after buying an additional 522 shares during the last quarter. Finally, Waverly Advisors LLC grew its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 7.4% during the first quarter. Waverly Advisors LLC now owns 10,204 shares of the company’s stock worth $297,000 after buying an additional 700 shares during the last quarter.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Company Profile

The Innovator 6mo Jan/Jul (JAJL) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a six-month outcome period. The actively managed fund holds FLEX options to obtain exposure JAJL was launched on Jul 1, 2024 and is issued by Innovator.