Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sees Significant Decline in Short Interest

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 113 shares, a drop of 98.6% from the September 30th total of 7,803 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 41,247 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jessup Wealth Management Inc lifted its position in Innovator U.S. Equity Power Buffer ETF – January by 1.1% during the 1st quarter. Jessup Wealth Management Inc now owns 36,238 shares of the company’s stock worth $1,672,000 after acquiring an additional 388 shares during the period. Berger Financial Group Inc increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 8.8% in the first quarter. Berger Financial Group Inc now owns 8,624 shares of the company’s stock valued at $398,000 after purchasing an additional 700 shares during the period. Global Assets Advisory LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the first quarter valued at about $34,000. Red Crane Wealth Management LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 2.1% in the first quarter. Red Crane Wealth Management LLC now owns 38,110 shares of the company’s stock valued at $1,758,000 after purchasing an additional 778 shares during the period. Finally, Bedel Financial Consulting Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 3.8% in the first quarter. Bedel Financial Consulting Inc. now owns 21,231 shares of the company’s stock valued at $979,000 after purchasing an additional 780 shares during the period.

Innovator U.S. Equity Power Buffer ETF – January Trading Up 0.3%

BATS:PJAN opened at $51.11 on Wednesday. Innovator U.S. Equity Power Buffer ETF – January has a 12 month low of $45.23 and a 12 month high of $51.27. The firm has a fifty day simple moving average of $50.75 and a 200-day simple moving average of $48.91. The company has a market capitalization of $1.50 billion, a P/E ratio of 24.16 and a beta of 0.47.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.