Short Interest in Innovator 20+ Year Treasury Bond 5 Floor ETF – July (BATS:TFJL) Grows By 1,561.5%
by Sarita Garza · The Markets DailyInnovator 20+ Year Treasury Bond 5 Floor ETF – July (BATS:TFJL – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 864 shares, a growth of 1,561.5% from the May 14th total of 52 shares. Based on an average daily volume of 4,941 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.
Hedge Funds Weigh In On Innovator 20+ Year Treasury Bond 5 Floor ETF – July
Several hedge funds have recently modified their holdings of TFJL. Jane Street Group LLC bought a new position in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July in the 2nd quarter valued at about $16,251,000. Sykon Capital LLC bought a new position in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July in the 3rd quarter valued at about $12,250,000. Arlington Capital Management Inc. grew its holdings in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July by 4.2% in the 1st quarter. Arlington Capital Management Inc. now owns 44,146 shares of the company’s stock valued at $871,000 after acquiring an additional 1,765 shares in the last quarter. Finally, SMART Wealth LLC grew its holdings in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July by 10.2% in the 3rd quarter. SMART Wealth LLC now owns 15,471 shares of the company’s stock valued at $314,000 after acquiring an additional 1,437 shares in the last quarter.
Innovator 20+ Year Treasury Bond 5 Floor ETF – July Price Performance
Shares of BATS TFJL traded up $0.06 during mid-day trading on Tuesday, hitting $19.31. The company had a trading volume of 114 shares, compared to its average volume of 2,724. The firm has a 50-day simple moving average of $19.45 and a two-hundred day simple moving average of $19.79. Innovator 20+ Year Treasury Bond 5 Floor ETF – July has a one year low of $18.99 and a one year high of $20.79.
Innovator 20+ Year Treasury Bond 5 Floor ETF – July Company Profile
The Innovator 20+ Year Treasury Bond 5 Floor ETF – Quarterly (TFJL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide the price return of a long-term US Treasuries ETF, up to a cap, while minimizing the downside risk over a 3-month period. The actively-managed fund provides such exposure via FLEX options and collateral. TFJL was launched on Aug 18, 2020 and is managed by Innovator.