Premium Income 30 Barrier ETF (BATS:JULJ) Sees Large Growth in Short Interest

Premium Income 30 Barrier ETF (BATS:JULJ) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 2,964 shares, a growth of 850.0% from the June 30th total of 312 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 6,446 shares, the days-to-cover ratio is presently 0.5 days.

Premium Income 30 Barrier ETF Price Performance

Shares of BATS:JULJ opened at $24.72 on Friday. The company has a market capitalization of $18.54 million, a P/E ratio of 23.90 and a beta of 0.11. Premium Income 30 Barrier ETF has a 1-year low of $24.67 and a 1-year high of $25.35. The firm’s 50 day simple moving average is $24.93 and its two-hundred day simple moving average is $24.96.

Hedge Funds Weigh In On Premium Income 30 Barrier ETF

A number of hedge funds have recently made changes to their positions in JULJ. Winnow Wealth LLC purchased a new position in shares of Premium Income 30 Barrier ETF in the fourth quarter worth $171,000. Sunbelt Securities Inc. boosted its holdings in shares of Premium Income 30 Barrier ETF by 9.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 10,822 shares of the company’s stock valued at $270,000 after purchasing an additional 935 shares during the last quarter. Finally, CoreCap Advisors LLC grew its position in shares of Premium Income 30 Barrier ETF by 16.5% during the fourth quarter. CoreCap Advisors LLC now owns 17,275 shares of the company’s stock valued at $430,000 after purchasing an additional 2,449 shares in the last quarter.

About Premium Income 30 Barrier ETF

The Innovator Premium Income 30 Barrier ETF – July (JULJ) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys JULJ was launched on Jul 3, 2023 and is managed by Innovator.