Innovator U.S. Equity Ultra Buffer ETF – July (BATS:UJUL) Short Interest Up 2,591.4% in July

Innovator U.S. Equity Ultra Buffer ETF – July (BATS:UJUL) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 112,042 shares, a growth of 2,591.4% from the June 30th total of 4,163 shares. Based on an average trading volume of 106,966 shares, the days-to-cover ratio is presently 1.0 days. Currently, 3.0% of the company’s shares are sold short.

Innovator U.S. Equity Ultra Buffer ETF – July Stock Up 0.0%

Shares of BATS:UJUL traded up $0.01 during midday trading on Friday, hitting $40.53. 28,226 shares of the stock traded hands, compared to its average volume of 29,928. The business’s 50 day moving average is $40.59 and its two-hundred day moving average is $39.63. The stock has a market capitalization of $151.18 million, a PE ratio of 25.23 and a beta of 0.41. Innovator U.S. Equity Ultra Buffer ETF – July has a one year low of $36.85 and a one year high of $40.95.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UJUL. Foundations Investment Advisors LLC raised its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – July by 362.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 74,601 shares of the company’s stock valued at $2,891,000 after acquiring an additional 58,472 shares in the last quarter. AssuredPartners Investment Advisors LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – July in the fourth quarter valued at $1,987,000. NewCorp Financial Services Inc. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – July during the 4th quarter valued at $283,000. Money Concepts Capital Corp increased its position in Innovator U.S. Equity Ultra Buffer ETF – July by 8.0% during the 4th quarter. Money Concepts Capital Corp now owns 13,312 shares of the company’s stock valued at $516,000 after purchasing an additional 988 shares during the period. Finally, Trek Financial LLC increased its position in Innovator U.S. Equity Ultra Buffer ETF – July by 19.4% during the 4th quarter. Trek Financial LLC now owns 6,707 shares of the company’s stock valued at $260,000 after purchasing an additional 1,090 shares during the period.

Innovator U.S. Equity Ultra Buffer ETF – July Company Profile

The Innovator S&P 500 Ultra Buffer ETF — July (UJUL) 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. UJUL was launched on Aug 8, 2018 and is managed by Innovator.