Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Stock Short Interest Jumps 7,125.0%

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 7,803 shares, an increase of 7,125.0% from the September 15th total of 108 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 36,527 shares, the short-interest ratio is currently 0.2 days.

Innovator U.S. Equity Power Buffer ETF – January Price Performance

Shares of PJAN traded up $0.12 during mid-day trading on Friday, hitting $51.16. The stock had a trading volume of 14,164 shares, compared to its average volume of 118,294. Innovator U.S. Equity Power Buffer ETF – January has a 52 week low of $45.23 and a 52 week high of $51.24. The business has a fifty day moving average price of $50.58 and a 200-day moving average price of $49.35. The firm has a market cap of $1.50 billion, a P/E ratio of 24.16 and a beta of 0.47.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Several hedge funds have recently bought and sold shares of PJAN. Brookstone Capital Management increased its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 522.9% during the first quarter. Brookstone Capital Management now owns 758,887 shares of the company’s stock valued at $35,007,000 after buying an additional 637,054 shares during the period. Personal CFO Solutions LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January in the first quarter worth about $27,379,000. Compass Advisory Group LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – January by 442.7% in the first quarter. Compass Advisory Group LLC now owns 370,574 shares of the company’s stock worth $17,095,000 after buying an additional 302,287 shares during the period. CoreCap Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 3rd quarter valued at approximately $14,460,000. Finally, Forty three Eighteen Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 4th quarter valued at approximately $6,500,000.

About Innovator U.S. Equity Power Buffer ETF – January

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) is an exchange-traded fund that is based on the S&P 500 Price Return 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.