Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) Sees Large Growth in Short Interest

Innovator MSCI Emerging Markets Power Buffer ETF – July (NYSEARCA:EJUL) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 24,052 shares, a growth of 456.4% from the May 31st total of 4,323 shares. Based on an average daily trading volume, of 30,942 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Trading of Innovator MSCI Emerging Markets Power Buffer ETF – July

Institutional investors and hedge funds have recently made changes to their positions in the company. Cornerstone Wealth LLC TN purchased a new position in Innovator MSCI Emerging Markets Power Buffer ETF – July during the first quarter worth about $280,000. Talon Private Wealth LLC bought a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the 1st quarter worth approximately $1,726,000. Arlington Capital Management Inc. bought a new position in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July during the 1st quarter worth approximately $410,000. Kestra Advisory Services LLC boosted its stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July by 20.1% in the 1st quarter. Kestra Advisory Services LLC now owns 75,758 shares of the company’s stock worth $2,264,000 after buying an additional 12,702 shares during the last quarter. Finally, World Investment Advisors boosted its stake in shares of Innovator MSCI Emerging Markets Power Buffer ETF – July by 5.4% in the 1st quarter. World Investment Advisors now owns 16,415 shares of the company’s stock worth $491,000 after buying an additional 846 shares during the last quarter.

Innovator MSCI Emerging Markets Power Buffer ETF – July Stock Up 0.0%

NYSEARCA:EJUL traded up $0.01 during trading hours on Friday, hitting $31.19. 12,714 shares of the company traded hands, compared to its average volume of 12,720. The firm’s 50-day simple moving average is $30.99 and its 200-day simple moving average is $30.35. Innovator MSCI Emerging Markets Power Buffer ETF – July has a one year low of $27.36 and a one year high of $31.24. The company has a market cap of $141.91 million, a PE ratio of 13.82 and a beta of 0.38.

Innovator MSCI Emerging Markets Power Buffer ETF – July Company Profile

The Innovator MSCI Emerging Markets Power Buffer ETF – July (EJUL) 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. EJUL was launched on Jul 1, 2019 and is managed by Innovator.