Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) Short Interest Update

Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 12,218 shares, a growth of 1,008.7% from the July 15th total of 1,102 shares. Based on an average trading volume of 4,938 shares, the short-interest ratio is presently 2.5 days. Approximately 0.2% of the company’s shares are short sold.

Innovator Growth-100 Power Buffer ETF – January Stock Down 0.0%

Shares of NJAN stock traded down $0.01 during mid-day trading on Tuesday, reaching $59.52. The company’s stock had a trading volume of 7,834 shares, compared to its average volume of 26,763. The company’s 50 day simple moving average is $58.65 and its 200-day simple moving average is $56.73. Innovator Growth-100 Power Buffer ETF – January has a 12-month low of $51.47 and a 12-month high of $59.64. The firm has a market capitalization of $357.12 million, a PE ratio of 31.37 and a beta of 0.53.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Forty three Eighteen Advisors LLC purchased a new stake in shares of Innovator Growth-100 Power Buffer ETF – January in the fourth quarter worth about $1,891,000. Silver Oak Securities Incorporated purchased a new stake in shares of Innovator Growth-100 Power Buffer ETF – January during the 1st quarter valued at about $695,000. JDM Financial Group LLC acquired a new position in Innovator Growth-100 Power Buffer ETF – January during the 4th quarter worth approximately $1,070,000. Long Island Wealth Management Inc. boosted its holdings in Innovator Growth-100 Power Buffer ETF – January by 17.3% in the 1st quarter. Long Island Wealth Management Inc. now owns 112,785 shares of the company’s stock worth $6,019,000 after acquiring an additional 16,611 shares during the period. Finally, Kestra Advisory Services LLC boosted its holdings in Innovator Growth-100 Power Buffer ETF – January by 166.5% in the 1st quarter. Kestra Advisory Services LLC now owns 224,054 shares of the company’s stock worth $11,958,000 after acquiring an additional 139,990 shares during the period.

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.