Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Short Interest Update

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 2,344 shares, a drop of 38.1% from the June 30th total of 3,785 shares. Based on an average daily trading volume, of 27,417 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Personal CFO Solutions LLC bought a new stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – January in the 1st quarter valued at about $2,516,000. Cornerstone Wealth LLC TN bought a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January during the first quarter worth about $1,974,000. Talon Private Wealth LLC acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January during the first quarter worth approximately $1,717,000. BFI Wealth Solutions LLC bought a new stake in Innovator MSCI Emerging Markets Power Buffer ETF – January in the fourth quarter valued at approximately $1,245,000. Finally, Corrado Advisors LLC raised its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 79.1% in the fourth quarter. Corrado Advisors LLC now owns 76,273 shares of the company’s stock valued at $2,577,000 after buying an additional 33,695 shares during the period.

Innovator MSCI Emerging Markets Power Buffer ETF – January Stock Performance

EJAN traded up $0.16 during trading on Friday, reaching $35.87. 3,014 shares of the stock were exchanged, compared to its average volume of 24,531. The stock’s 50 day moving average price is $35.75 and its two-hundred day moving average price is $35.17. Innovator MSCI Emerging Markets Power Buffer ETF – January has a twelve month low of $32.06 and a twelve month high of $36.23. The stock has a market cap of $145.27 million, a P/E ratio of 14.55 and a beta of 0.40.

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.