Short Interest in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Expands By 110.0%

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 142,952 shares, a growth of 110.0% from the June 30th total of 68,071 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average trading volume of 101,676 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Kingsview Wealth Management LLC grew its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 2.0% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,592,645 shares of the company’s stock valued at $46,282,000 after purchasing an additional 31,915 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 0.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 299,617 shares of the company’s stock valued at $8,707,000 after purchasing an additional 958 shares during the last quarter. CWM LLC grew its stake in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 29.6% in the 4th quarter. CWM LLC now owns 223,568 shares of the company’s stock valued at $6,497,000 after buying an additional 51,104 shares during the period. Triad Wealth Partners LLC grew its stake in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 144.2% in the 4th quarter. Triad Wealth Partners LLC now owns 123,388 shares of the company’s stock valued at $3,586,000 after buying an additional 72,870 shares during the period. Finally, Orion Porfolio Solutions LLC increased its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 77.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 85,491 shares of the company’s stock worth $2,408,000 after buying an additional 37,198 shares during the last quarter.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Stock Performance

Shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul stock opened at $29.93 on Tuesday. The business’s 50 day moving average price is $29.87 and its 200 day moving average price is $29.48. The company has a market cap of $252.31 million and a price-to-earnings ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a one year low of $28.24 and a one year high of $30.08.

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.