Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 508,471 shares, a growth of 1,293.0% from the June 30th total of 36,503 shares. Based on an average daily volume of 396,653 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC increased its stake in Innovator U.S. Equity Power Buffer ETF – July by 888.5% during the fourth quarter. Barclays PLC now owns 1,117 shares of the company’s stock worth $52,000 after acquiring an additional 1,004 shares during the last quarter. Chapman Financial Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – July in the 2nd quarter valued at approximately $53,000. Parallel Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – July in the 4th quarter worth approximately $64,000. Optima Capital LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – July in the 4th quarter worth approximately $83,000. Finally, Opus Financial Solutions LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the 4th quarter valued at approximately $210,000.

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

Shares of BATS:PJUL traded up $0.02 on Friday, reaching $48.60. The company’s stock had a trading volume of 147,375 shares, compared to its average volume of 89,870. The company has a 50-day simple moving average of $48.66 and a 200 day simple moving average of $47.50. Innovator U.S. Equity Power Buffer ETF – July has a 52-week low of $43.91 and a 52-week high of $49.16. The company has a market cap of $1.01 billion, a P/E ratio of 24.44 and a beta of 0.46.

About Innovator U.S. Equity Power Buffer ETF – July

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.