Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sees Significant Increase in Short Interest

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 264 shares, an increase of 133.6% from the October 15th total of 113 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 36,809 shares, the short-interest ratio is currently 0.0 days.

Innovator U.S. Equity Power Buffer ETF – January Stock Down 0.1%

Shares of BATS PJAN traded down $0.04 during midday trading on Friday, hitting $50.92. The stock had a trading volume of 17,497 shares, compared to its average volume of 109,018. The business’s 50 day moving average is $50.83 and its 200-day moving average is $49.14. Innovator U.S. Equity Power Buffer ETF – January has a 52 week low of $45.23 and a 52 week high of $51.29. The company has a market cap of $1.41 billion, a P/E ratio of 24.16 and a beta of 0.51.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Brookstone Capital Management purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 3rd quarter valued at $17,726,000. Kestra Advisory Services LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the 3rd quarter worth $17,194,000. Commonwealth Equity Services LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the third quarter worth $16,584,000. Cetera Investment Advisers raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 15.6% in the first quarter. Cetera Investment Advisers now owns 317,958 shares of the company’s stock worth $14,667,000 after purchasing an additional 42,905 shares during the last quarter. Finally, CoreCap Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the third quarter worth $14,460,000.

Innovator U.S. Equity Power Buffer ETF – January Company Profile

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.