Innovator U.S. Equity Ultra Buffer ETF – June (BATS:UJUN) Sees Significant Increase in Short Interest

Innovator U.S. Equity Ultra Buffer ETF – June (BATS:UJUN) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 12,452 shares, an increase of 50.3% from the August 31st total of 8,283 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 10,794 shares, the short-interest ratio is currently 1.2 days.

Innovator U.S. Equity Ultra Buffer ETF – June Stock Up 0.4%

BATS:UJUN opened at $39.31 on Friday. The company’s 50 day moving average price is $39.07 and its 200-day moving average price is $38.52. Innovator U.S. Equity Ultra Buffer ETF – June has a 52 week low of $36.45 and a 52 week high of $42.36. The stock has a market cap of $90.41 million, a price-to-earnings ratio of 23.82 and a beta of 0.39.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – June

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UJUN. CoreCap Advisors LLC boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – June by 17.0% during the second quarter. CoreCap Advisors LLC now owns 8,979 shares of the company’s stock valued at $346,000 after buying an additional 1,302 shares during the last quarter. Operose Advisors LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – June in the 2nd quarter worth about $79,000. Integrity Financial Corp WA raised its position in Innovator U.S. Equity Ultra Buffer ETF – June by 240.8% in the 2nd quarter. Integrity Financial Corp WA now owns 5,262 shares of the company’s stock worth $221,000 after buying an additional 3,718 shares during the last quarter. Lotus Asset Management LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – June in the 2nd quarter worth about $178,000. Finally, Schulz Wealth LTD. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – June in the 2nd quarter worth about $198,000.

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

The Innovator S&P 500 Ultra Buffer ETF – June (UJUN) 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. UJUN was launched on Jun 3, 2019 and is managed by Innovator.