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

Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 85,323 shares, an increase of 303.1% from the May 31st total of 21,167 shares. Based on an average trading volume of 185,503 shares, the days-to-cover ratio is presently 0.5 days. Currently, 2.4% of the shares of the company are sold short.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in BJUN. BCS Wealth Management boosted its stake in shares of Innovator U.S. Equity Buffer ETF – June by 91.7% in the fourth quarter. BCS Wealth Management now owns 44,716 shares of the company’s stock valued at $2,090,000 after buying an additional 21,390 shares during the period. Rothschild Wealth LLC acquired a new stake in Innovator U.S. Equity Buffer ETF – June during the fourth quarter worth approximately $692,000. COFG Advisors LLC bought a new position in Innovator U.S. Equity Buffer ETF – June during the 4th quarter worth $553,000. IMC Chicago LLC bought a new position in Innovator U.S. Equity Buffer ETF – June during the 4th quarter worth $704,000. Finally, My Personal CFO LLC bought a new position in Innovator U.S. Equity Buffer ETF – June during the 4th quarter worth $962,000.

Innovator U.S. Equity Buffer ETF – June Stock Down 0.5%

Shares of Innovator U.S. Equity Buffer ETF – June stock opened at $47.78 on Friday. The stock has a market capitalization of $172.01 million, a price-to-earnings ratio of 24.70 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – June has a twelve month low of $43.47 and a twelve month high of $50.13. The company has a 50-day simple moving average of $48.54 and a two-hundred day simple moving average of $47.48.

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.