Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) Short Interest Down 55.1% in June

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul (BATS:JAJL) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 16,260 shares, a decline of 55.1% from the May 31st total of 36,247 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 20,018 shares, the days-to-cover ratio is presently 0.8 days.

Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul Price Performance

Shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul stock opened at $29.91 on Wednesday. The company has a market capitalization of $252.14 million and a price-to-earnings ratio of 25.04. Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul has a 12-month low of $28.12 and a 12-month high of $29.94. The firm’s 50-day moving average price is $29.73 and its two-hundred day moving average price is $29.36.

Institutional Trading of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

A number of institutional investors and hedge funds have recently made changes to their positions in JAJL. Goldman Sachs Group Inc. bought a new position in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul in the first quarter valued at approximately $416,000. Jane Street Group LLC bought a new stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul during the first quarter worth $323,000. Gallagher Fiduciary Advisors LLC lifted its stake in Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 26.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 17,103 shares of the company’s stock worth $482,000 after purchasing an additional 3,615 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 77.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 85,491 shares of the company’s stock valued at $2,408,000 after purchasing an additional 37,198 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul by 47.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 62,200 shares of the company’s stock valued at $1,782,000 after purchasing an additional 19,915 shares in the last quarter.

About Innovator Equity Defined Protection ETF – 6 Mo Jan/Jul

The Innovator 6mo Jan/Jul (JAJL) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, with 100% downside hedge over a six-month outcome period. The actively managed fund holds FLEX options to obtain exposure JAJL was launched on Jul 1, 2024 and is issued by Innovator.