Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Stock Short Interest Declines 66.9%

by · The Cerbat Gem

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 6,022 shares, a decrease of 66.9% from the August 31st total of 18,175 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 10,527 shares, the short-interest ratio is currently 0.6 days.

Innovator International Developed Power Buffer ETF – May Stock Up 0.6%

Shares of NYSEARCA IMAY traded up $0.19 during midday trading on Friday, hitting $32.20. The company had a trading volume of 8,170 shares, compared to its average volume of 17,156. The firm has a market capitalization of $50.88 million, a price-to-earnings ratio of 16.27 and a beta of 0.22. Innovator International Developed Power Buffer ETF – May has a twelve month low of $28.59 and a twelve month high of $32.72. The business has a 50-day simple moving average of $32.32 and a two-hundred day simple moving average of $31.54.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Syon Capital LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – May in the second quarter valued at approximately $659,000. Advus Financial Partners LLC boosted its position in Innovator International Developed Power Buffer ETF – May by 2.5% during the second quarter. Advus Financial Partners LLC now owns 20,760 shares of the company’s stock worth $659,000 after acquiring an additional 500 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Innovator International Developed Power Buffer ETF – May in the 2nd quarter worth approximately $571,000. Gill Capital Partners LLC grew its stake in Innovator International Developed Power Buffer ETF – May by 302.8% in the 2nd quarter. Gill Capital Partners LLC now owns 15,772 shares of the company’s stock worth $500,000 after acquiring an additional 11,856 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Innovator International Developed Power Buffer ETF – May by 13.6% in the 1st quarter. Cetera Investment Advisers now owns 14,725 shares of the company’s stock valued at $444,000 after acquiring an additional 1,767 shares during the last quarter.

Innovator International Developed Power Buffer ETF – May Company Profile

(Get Free Report)

The Innovator International Developed Power Buffer ETF – May (IMAY) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting May 1. The actively managed fund utilizes FLEX options and collateral. IMAY was launched on May 1, 2024 and is issued by Innovator.

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