Short Interest in Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) Expands By 65.3%

Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 20,196 shares, an increase of 65.3% from the July 30th total of 12,218 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 6,794 shares, the short-interest ratio is presently 3.0 days.

Innovator Growth-100 Power Buffer ETF – January Price Performance

Innovator Growth-100 Power Buffer ETF – January stock opened at $59.87 on Monday. The business has a 50 day simple moving average of $58.95 and a 200-day simple moving average of $57.18. Innovator Growth-100 Power Buffer ETF – January has a 12 month low of $51.59 and a 12 month high of $59.97. The stock has a market capitalization of $359.22 million, a PE ratio of 31.37 and a beta of 0.53.

Hedge Funds Weigh In On Innovator Growth-100 Power Buffer ETF – January

A number of large investors have recently bought and sold shares of NJAN. Jane Street Group LLC acquired a new stake in shares of Innovator Growth-100 Power Buffer ETF – January in the 1st quarter worth $970,000. MML Investors Services LLC raised its holdings in Innovator Growth-100 Power Buffer ETF – January by 2.2% during the second quarter. MML Investors Services LLC now owns 29,282 shares of the company’s stock worth $1,486,000 after purchasing an additional 621 shares in the last quarter. Orion Porfolio Solutions LLC purchased a new position in Innovator Growth-100 Power Buffer ETF – January during the second quarter worth about $725,000. Snowden Capital Advisors LLC purchased a new position in Innovator Growth-100 Power Buffer ETF – January during the second quarter worth about $210,000. Finally, JPMorgan Chase & Co. acquired a new stake in Innovator Growth-100 Power Buffer ETF – January in the third quarter valued at about $33,000.

Innovator Growth-100 Power Buffer ETF – January Company Profile

The Innovator Growth-100 Power Buffer ETF – January (NJAN) is an exchange-traded fund that is based on the NASDAQ 100 index. The fund aims for specific buffered losses and capped gains on the NASDAQ 100 over a specific holdings period. The actively-managed fund holds options and collateral. NJAN was launched on Jan 1, 2020 and is managed by Innovator.