Innovator U.S. Equity Ultra Buffer ETF – July (BATS:UJUL) Sees Significant Decrease in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – July (BATS:UJUL) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 588 shares, a drop of 81.6% from the May 14th total of 3,193 shares. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

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

Shares of BATS UJUL opened at $40.50 on Friday. The stock has a market capitalization of $151.07 million, a price-to-earnings ratio of 25.23 and a beta of 0.41. The stock’s fifty day simple moving average is $39.96 and its 200 day simple moving average is $39.20. Innovator U.S. Equity Ultra Buffer ETF – July has a 52-week low of $35.26 and a 52-week high of $40.60.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – July

Hedge funds have recently modified their holdings of the stock. Optima Capital LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – July in the 4th quarter worth $33,000. Talon Private Wealth LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – July in the 1st quarter worth $49,000. Calton & Associates Inc. acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – July in the 3rd quarter worth $210,000. BFI Wealth Solutions LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – July in the 4th quarter worth $219,000. Finally, Trek Financial LLC grew its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – July by 19.4% in the 4th quarter. Trek Financial LLC now owns 6,707 shares of the company’s stock worth $260,000 after acquiring an additional 1,090 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – July Company Profile

The Innovator S&P 500 Ultra Buffer ETF — July (UJUL) 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. UJUL was launched on Aug 8, 2018 and is managed by Innovator.