Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Stock Short Interest Rises 364.1%

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 45,373 shares, a growth of 364.1% from the October 15th total of 9,776 shares. Based on an average daily volume of 35,270 shares, the short-interest ratio is currently 1.3 days. Approximately 0.2% of the shares of the company are sold short.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Clear Point Advisors Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – June during the third quarter valued at approximately $3,840,000. Chicago Partners Investment Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – June in the third quarter worth approximately $1,078,000. Ascent Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – June in the third quarter worth $288,000. Integrity Alliance LLC. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – June in the third quarter worth $602,000. Finally, Integrity Advisory Solutions LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – June in the third quarter worth $2,550,000.

Innovator U.S. Equity Power Buffer ETF – June Stock Down 0.2%

BATS PJUN opened at $43.68 on Wednesday. The stock’s 50-day moving average price is $44.07 and its 200-day moving average price is $43.18. Innovator U.S. Equity Power Buffer ETF – June has a 52 week low of $39.74 and a 52 week high of $47.56. The company has a market capitalization of $867.05 million, a P/E ratio of 24.61 and a beta of 0.45.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.