Innovator U.S. Small Cap Power Buffer ETF – July (BATS:KJUL) Sees Large Drop in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – July (BATS:KJULGet Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 261,113 shares, a drop of 86.3% from the July 15th total of 1,900,276 shares. Based on an average daily volume of 47,093 shares, the short-interest ratio is currently 5.5 days. Currently, 6.4% of the company’s shares are sold short.

Innovator U.S. Small Cap Power Buffer ETF – July Stock Performance

Innovator U.S. Small Cap Power Buffer ETF – July stock opened at $34.19 on Wednesday. The stock has a market capitalization of $140.18 million, a price-to-earnings ratio of 15.99 and a beta of 0.57. Innovator U.S. Small Cap Power Buffer ETF – July has a 52-week low of $29.74 and a 52-week high of $35.28. The stock’s 50 day moving average price is $33.81 and its two-hundred day moving average price is $33.11.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC increased its stake in Innovator U.S. Small Cap Power Buffer ETF – July by 20.2% in the first quarter. Kestra Advisory Services LLC now owns 95,946 shares of the company’s stock valued at $3,073,000 after purchasing an additional 16,133 shares in the last quarter. Red Crane Wealth Management LLC raised its holdings in shares of Innovator U.S. Small Cap Power Buffer ETF – July by 7.5% during the first quarter. Red Crane Wealth Management LLC now owns 80,443 shares of the company’s stock valued at $2,577,000 after purchasing an additional 5,584 shares during the period. Raymond James Financial Inc. boosted its position in shares of Innovator U.S. Small Cap Power Buffer ETF – July by 49.5% during the 3rd quarter. Raymond James Financial Inc. now owns 73,052 shares of the company’s stock worth $2,262,000 after purchasing an additional 24,182 shares in the last quarter. LPL Financial LLC boosted its position in shares of Innovator U.S. Small Cap Power Buffer ETF – July by 23.4% during the 4th quarter. LPL Financial LLC now owns 58,118 shares of the company’s stock worth $1,842,000 after purchasing an additional 11,028 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of Innovator U.S. Small Cap Power Buffer ETF – July in the 1st quarter valued at about $1,475,000.

Innovator U.S. Small Cap Power Buffer ETF – July Company Profile

(Get Free Report)

The Innovator Russell 2000 Power Buffer ETF – July (KJUL) is an exchange-traded fund that is based on the Russell 2000 index. The fund aims for specific buffered losses and capped gains on the Russell 2000 over a specific holdings period. The actively-managed fund holds options and collateral. KJUL was launched on Jul 1, 2020 and is managed by Innovator.

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