Short Interest in Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) Decreases By 64.0%

Innovator MSCI Emerging Markets Power Buffer ETF – January (NYSEARCA:EJAN) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 6,138 shares, a drop of 64.0% from the April 15th total of 17,041 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 12,431 shares, the short-interest ratio is presently 0.5 days.

Innovator MSCI Emerging Markets Power Buffer ETF – January Price Performance

NYSEARCA:EJAN traded down $0.02 during mid-day trading on Thursday, reaching $35.94. The stock had a trading volume of 9,248 shares, compared to its average volume of 30,756. The company has a market capitalization of $157.42 million, a price-to-earnings ratio of 14.55 and a beta of 0.40. Innovator MSCI Emerging Markets Power Buffer ETF – January has a 1-year low of $30.92 and a 1-year high of $36.21. The stock’s 50 day simple moving average is $34.74 and its two-hundred day simple moving average is $34.35.

Hedge Funds Weigh In On Innovator MSCI Emerging Markets Power Buffer ETF – January

A number of hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 19.2% in the first quarter. Cetera Investment Advisers now owns 72,906 shares of the company’s stock worth $2,474,000 after purchasing an additional 11,760 shares in the last quarter. Vantage Point Financial LLC acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the first quarter worth about $201,000. Arlington Capital Management Inc. acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the first quarter worth about $320,000. Kestra Advisory Services LLC grew its stake in Innovator MSCI Emerging Markets Power Buffer ETF – January by 65.5% in the first quarter. Kestra Advisory Services LLC now owns 35,210 shares of the company’s stock worth $1,195,000 after purchasing an additional 13,933 shares in the last quarter. Finally, Personal CFO Solutions LLC acquired a new position in Innovator MSCI Emerging Markets Power Buffer ETF – January in the first quarter worth about $2,516,000.

About Innovator MSCI Emerging Markets Power Buffer ETF – January

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