Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Short Interest Up 407.9% in May

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 36,247 shares, an increase of 407.9% from the May 14th total of 7,136 shares. Based on an average daily trading volume, of 48,353 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

A number of hedge funds and other institutional investors have recently modified their holdings of JAJL. Bank of America Corp DE purchased a new position in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the 3rd quarter worth about $29,000. Optima Capital LLC bought a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the 4th quarter valued at approximately $100,000. Advisory Services Network LLC bought a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the 3rd quarter valued at approximately $107,000. Steward Partners Investment Advisory LLC raised its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 454.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,219 shares of the company’s stock valued at $123,000 after purchasing an additional 3,458 shares during the last quarter. Finally, CoreCap Advisors LLC raised its position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 22.6% during the 4th quarter. CoreCap Advisors LLC now owns 4,679 shares of the company’s stock valued at $136,000 after purchasing an additional 863 shares during the last quarter.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Stock Down 0.0%

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul stock opened at $29.77 on Wednesday. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 52 week low of $27.58 and a 52 week high of $29.84. The business has a 50-day simple moving average of $29.54 and a 200 day simple moving average of $29.26. The stock has a market cap of $250.96 million and a price-to-earnings ratio of 25.04.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Company Profile

The Innovator 6mo Jan/Jul (JAJL) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a six-month outcome period. The actively managed fund holds FLEX options to obtain exposure JAJL was launched on Jul 1, 2024 and is issued by Innovator.