Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) Sees Large Increase in Short Interest

Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 1,111 shares, an increase of 80.1% from the June 15th total of 617 shares. Based on an average daily trading volume, of 14,012 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Innovator Growth-100 Power Buffer ETF – January Stock Down 0.4%

BATS:NJAN opened at $58.64 on Friday. The company has a market capitalization of $351.84 million, a PE ratio of 31.37 and a beta of 0.53. Innovator Growth-100 Power Buffer ETF – January has a 52-week low of $50.83 and a 52-week high of $59.07. The stock has a fifty day simple moving average of $58.59 and a 200-day simple moving average of $56.30.

Hedge Funds Weigh In On Innovator Growth-100 Power Buffer ETF – January

Several hedge funds have recently added to or reduced their stakes in NJAN. Janney Montgomery Scott LLC raised its position in Innovator Growth-100 Power Buffer ETF – January by 1.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 455,286 shares of the company’s stock worth $25,004,000 after acquiring an additional 5,552 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Innovator Growth-100 Power Buffer ETF – January by 1.3% in the first quarter. NewEdge Advisors LLC now owns 400,587 shares of the company’s stock valued at $21,379,000 after purchasing an additional 5,263 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of Innovator Growth-100 Power Buffer ETF – January by 166.5% during the 1st quarter. Kestra Advisory Services LLC now owns 224,054 shares of the company’s stock worth $11,958,000 after purchasing an additional 139,990 shares in the last quarter. Truist Financial Corp increased its stake in shares of Innovator Growth-100 Power Buffer ETF – January by 1.2% during the 4th quarter. Truist Financial Corp now owns 190,766 shares of the company’s stock worth $10,477,000 after purchasing an additional 2,320 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Innovator Growth-100 Power Buffer ETF – January by 19.4% during the 1st quarter. Cetera Investment Advisers now owns 162,348 shares of the company’s stock worth $8,665,000 after purchasing an additional 26,329 shares during the last quarter.

About Innovator Growth-100 Power Buffer ETF – January

The Innovator Growth-100 Power Buffer ETF – January (NJAN) is an exchange-traded fund that is based on the NASDAQ 100 index. The fund aims for specific buffered losses and capped gains on the NASDAQ 100 over a specific holdings period. The actively-managed fund holds options and collateral. NJAN was launched on Jan 1, 2020 and is managed by Innovator.