Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) Stock Short Interest Drops 79.4%

Innovator International Developed Power Buffer ETF – June (NYSEARCA:IJUN) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 8,266 shares, a drop of 79.4% from the October 15th total of 40,036 shares. Based on an average daily trading volume, of 1,711 shares, the days-to-cover ratio is currently 4.8 days. Approximately 0.4% of the company’s stock are short sold.

Innovator International Developed Power Buffer ETF – June Stock Performance

IJUN traded down $0.08 during trading on Thursday, reaching $31.36. 16,726 shares of the stock were exchanged, compared to its average volume of 19,663. The stock has a market cap of $64.29 million, a P/E ratio of 16.31 and a beta of 0.29. Innovator International Developed Power Buffer ETF – June has a twelve month low of $27.97 and a twelve month high of $32.12. The stock’s 50 day moving average price is $31.39 and its two-hundred day moving average price is $30.85.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Private Advisor Group LLC acquired a new stake in Innovator International Developed Power Buffer ETF – June in the 3rd quarter valued at about $502,000. Harbour Investments Inc. acquired a new position in Innovator International Developed Power Buffer ETF – June during the third quarter worth approximately $247,000. Kestra Advisory Services LLC increased its position in Innovator International Developed Power Buffer ETF – June by 10.6% during the third quarter. Kestra Advisory Services LLC now owns 34,484 shares of the company’s stock worth $1,077,000 after buying an additional 3,296 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in Innovator International Developed Power Buffer ETF – June during the third quarter worth approximately $1,917,000. Finally, Financial Network Wealth Advisors LLC bought a new stake in Innovator International Developed Power Buffer ETF – June in the third quarter valued at approximately $25,000.

Innovator International Developed Power Buffer ETF – June Company Profile

The Innovator International Developed Power Buffer ETF – June (IJUN) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting June 1. The actively managed fund utilizes FLEX options and collateral IJUN was launched on Jun 3, 2024 and is issued by Innovator.