Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Sees Large Growth in Short Interest

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 31,222 shares, an increase of 578.7% from the August 15th total of 4,600 shares. Based on an average trading volume of 7,924 shares, the short-interest ratio is currently 3.9 days. Currently, 0.8% of the shares of the company are short sold.

Institutional Trading of Innovator MSCI Emerging Markets Power Buffer ETF – January

Several hedge funds have recently added to or reduced their stakes in EJAN. Allworth Financial LP boosted its stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 2,426.7% in the second quarter. Allworth Financial LP now owns 237,210 shares of the company’s stock valued at $8,539,000 after buying an additional 227,822 shares during the period. Signal Advisors Wealth LLC increased its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 44.8% during the 1st quarter. Signal Advisors Wealth LLC now owns 50,643 shares of the company’s stock worth $1,718,000 after acquiring an additional 15,679 shares during the period. Corrado Advisors LLC raised its holdings in Innovator MSCI Emerging Markets Power Buffer ETF – January by 79.1% in the 4th quarter. Corrado Advisors LLC now owns 76,273 shares of the company’s stock valued at $2,577,000 after acquiring an additional 33,695 shares in the last quarter. BFI Wealth Solutions LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January during the 4th quarter valued at $1,245,000. Finally, Arlington Capital Management Inc. grew its holdings in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 157.5% during the 2nd quarter. Arlington Capital Management Inc. now owns 24,285 shares of the company’s stock worth $874,000 after purchasing an additional 14,853 shares in the last quarter.

Innovator MSCI Emerging Markets Power Buffer ETF – January Price Performance

EJAN stock opened at $36.97 on Friday. Innovator MSCI Emerging Markets Power Buffer ETF – January has a one year low of $32.95 and a one year high of $37.28. The stock has a market cap of $149.73 million, a price-to-earnings ratio of 14.55 and a beta of 0.41. The company has a fifty day moving average price of $36.27 and a two-hundred day moving average price of $35.55.

About Innovator MSCI Emerging Markets Power Buffer ETF – January

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