Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) Sees Large Increase in Short Interest

Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,732 shares, a growth of 62.4% from the April 30th total of 4,762 shares. Based on an average trading volume of 3,908 shares, the short-interest ratio is presently 2.0 days. Approximately 0.2% of the shares of the company are sold short.

Innovator U.S. Equity Buffer ETF – June Price Performance

Shares of BJUN opened at $49.07 on Wednesday. Innovator U.S. Equity Buffer ETF – June has a one year low of $42.42 and a one year high of $50.13. The firm has a market capitalization of $176.65 million, a P/E ratio of 24.70 and a beta of 0.63. The business has a fifty day moving average of $47.91 and a 200 day moving average of $47.17.

Institutional Trading of Innovator U.S. Equity Buffer ETF – June

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MGO One Seven LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – June in the fourth quarter worth about $203,000. JPMorgan Chase & Co. increased its position in Innovator U.S. Equity Buffer ETF – June by 21.8% in the third quarter. JPMorgan Chase & Co. now owns 5,743 shares of the company’s stock worth $263,000 after buying an additional 1,029 shares in the last quarter. Berkshire Money Management Inc. purchased a new stake in Innovator U.S. Equity Buffer ETF – June in the fourth quarter worth about $296,000. Ballast Rock Private Wealth LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – June in the fourth quarter worth about $404,000. Finally, COFG Advisors LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – June in the fourth quarter worth about $553,000.

Innovator U.S. Equity Buffer ETF – June Company Profile

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