Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Stock Short Interest Declines 71.9%

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 11,247 shares, a drop of 71.9% from the August 31st total of 39,969 shares. Based on an average trading volume of 30,162 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Innovator U.S. Equity Power Buffer ETF – July Stock Up 0.3%

Shares of BATS:PJUL opened at $49.97 on Friday. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 24.44 and a beta of 0.46. The stock’s 50 day moving average is $49.49 and its 200-day moving average is $48.40. Innovator U.S. Equity Power Buffer ETF – July has a twelve month low of $45.10 and a twelve month high of $50.07.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Goldstein Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July during the fourth quarter worth $249,000. Southern Capital Services Inc. ADV bought a new stake in Innovator U.S. Equity Power Buffer ETF – July in the 4th quarter worth about $286,000. Financial Network Wealth Advisors LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – July by 4.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 6,185 shares of the company’s stock valued at $287,000 after buying an additional 255 shares during the last quarter. OFS Enterprise LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the 2nd quarter worth approximately $300,000. Finally, ATX Financial Planning LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at approximately $301,000.

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.