Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Short Interest Down 45.1% in January

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 32,690 shares, a drop of 45.1% from the December 31st total of 59,545 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 73,726 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 73,726 shares, the short-interest ratio is currently 0.4 days. Approximately 0.9% of the company’s stock are sold short.

Innovator MSCI Emerging Markets Power Buffer ETF – January Stock Performance

Shares of Innovator MSCI Emerging Markets Power Buffer ETF – January stock traded down $0.23 during midday trading on Friday, reaching $34.76. 27,999 shares of the company’s stock traded hands, compared to its average volume of 51,575. Innovator MSCI Emerging Markets Power Buffer ETF – January has a 52 week low of $27.90 and a 52 week high of $35.19. The company’s 50 day simple moving average is $34.03 and its 200 day simple moving average is $33.33. The company has a market cap of $123.40 million, a price-to-earnings ratio of 14.55 and a beta of 0.40.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January by 9.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 23,296 shares of the company’s stock worth $750,000 after acquiring an additional 2,000 shares during the period. Consolidated Portfolio Review Corp raised its position in Innovator MSCI Emerging Markets Power Buffer ETF – January by 10.5% in the second quarter. Consolidated Portfolio Review Corp now owns 16,160 shares of the company’s stock worth $518,000 after purchasing an additional 1,542 shares in the last quarter. Triad Wealth Partners LLC raised its position in Innovator MSCI Emerging Markets Power Buffer ETF – January by 93.9% in the second quarter. Triad Wealth Partners LLC now owns 14,625 shares of the company’s stock worth $469,000 after purchasing an additional 7,081 shares in the last quarter. Compass Advisory Group LLC lifted its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 19.6% during the second quarter. Compass Advisory Group LLC now owns 29,529 shares of the company’s stock worth $946,000 after purchasing an additional 4,848 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 53.1% during the second quarter. Envestnet Asset Management Inc. now owns 20,849 shares of the company’s stock worth $668,000 after purchasing an additional 7,234 shares during the period.

Innovator MSCI Emerging Markets Power Buffer ETF – January Company Profile

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.