Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Short Interest Up 1,293.0% in July

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 508,471 shares, a growth of 1,293.0% from the June 30th total of 36,503 shares. Approximately 2.5% of the company’s shares are short sold. Based on an average daily volume of 396,653 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – July

Several large investors have recently made changes to their positions in PJUL. Raymond James Financial Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 11.7% during the 3rd quarter. Raymond James Financial Inc. now owns 526,938 shares of the company’s stock valued at $24,028,000 after acquiring an additional 55,198 shares in the last quarter. Focus Partners Wealth increased its holdings in Innovator U.S. Equity Power Buffer ETF – July by 750.8% in the 4th quarter. Focus Partners Wealth now owns 366,446 shares of the company’s stock valued at $17,014,000 after purchasing an additional 323,374 shares in the last quarter. Cetera Investment Advisers increased its holdings in Innovator U.S. Equity Power Buffer ETF – July by 0.7% in the 4th quarter. Cetera Investment Advisers now owns 317,260 shares of the company’s stock valued at $14,730,000 after purchasing an additional 2,299 shares in the last quarter. LPL Financial LLC raised its position in Innovator U.S. Equity Power Buffer ETF – July by 11.1% in the fourth quarter. LPL Financial LLC now owns 311,290 shares of the company’s stock valued at $14,453,000 after purchasing an additional 31,097 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 3.0% during the first quarter. Janney Montgomery Scott LLC now owns 287,524 shares of the company’s stock worth $13,217,000 after purchasing an additional 8,474 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – July Stock Performance

PJUL traded up $0.02 on Friday, reaching $48.60. 147,375 shares of the company’s stock were exchanged, compared to its average volume of 89,870. Innovator U.S. Equity Power Buffer ETF – July has a twelve month low of $43.91 and a twelve month high of $49.16. The company’s 50 day moving average is $48.67 and its 200-day moving average is $47.50. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 24.44 and a beta of 0.46.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.