Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Short Interest Update

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IMAY. Syon Capital LLC purchased a new position in Innovator International Developed Power Buffer ETF – May in the 2nd quarter valued at about $659,000. Advus Financial Partners LLC increased its position in shares of 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 shares of Innovator International Developed Power Buffer ETF – May during the second quarter worth about $571,000. Gill Capital Partners LLC lifted its stake in shares of Innovator International Developed Power Buffer ETF – May by 302.8% in the second 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 in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Innovator International Developed Power Buffer ETF – May by 13.6% in the first quarter. Cetera Investment Advisers now owns 14,725 shares of the company’s stock worth $444,000 after acquiring an additional 1,767 shares in the last quarter.

Innovator International Developed Power Buffer ETF – May Stock Performance

Shares of IMAY stock traded up $0.19 during trading hours on Friday, reaching $32.20. The company had a trading volume of 8,170 shares, compared to its average volume of 17,156. Innovator International Developed Power Buffer ETF – May has a twelve month low of $28.59 and a twelve month high of $32.72. The company has a market capitalization of $50.88 million, a P/E ratio of 16.27 and a beta of 0.22. The stock’s fifty day simple moving average is $32.32 and its 200 day simple moving average is $31.54.

Innovator International Developed Power Buffer ETF – May Company Profile

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.