Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) Short Interest Up 173.8% in May

Innovator U.S. Equity Buffer ETF – June (BATS:BJUN) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 21,167 shares, an increase of 173.8% from the May 14th total of 7,732 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 88,330 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. MGO One Seven LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – June during the fourth quarter valued at about $203,000. JPMorgan Chase & Co. raised its position in shares of Innovator U.S. Equity Buffer ETF – June by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 5,743 shares of the company’s stock valued at $263,000 after buying an additional 1,029 shares during the last quarter. Berkshire Money Management Inc. acquired a new position in shares of Innovator U.S. Equity Buffer ETF – June during the fourth quarter valued at about $296,000. Ballast Rock Private Wealth LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – June during the fourth quarter valued at about $404,000. Finally, COFG Advisors LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – June during the fourth quarter valued at about $553,000.

Innovator U.S. Equity Buffer ETF – June Stock Performance

Shares of BJUN opened at $48.33 on Friday. The company has a 50-day simple moving average of $48.32 and a 200-day simple moving average of $47.33. The firm has a market capitalization of $173.99 million, a P/E ratio of 24.70 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – June has a 52 week low of $42.60 and a 52 week high of $50.13.

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.