Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Stock Short Interest Climbs 1,229.1%

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 9,091 shares, an increase of 1,229.1% from the October 15th total of 684 shares. Based on an average daily volume of 79,560 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Innovator U.S. Equity Power Buffer ETF – May Stock Performance

BATS PMAY traded down $0.13 on Tuesday, reaching $42.02. 23,804 shares of the company’s stock traded hands, compared to its average volume of 87,886. The firm has a market cap of $778.63 million, a price-to-earnings ratio of 23.79 and a beta of 0.44. The stock has a 50 day moving average price of $42.28 and a 200-day moving average price of $41.14. Innovator U.S. Equity Power Buffer ETF – May has a fifty-two week low of $38.70 and a fifty-two week high of $42.69.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – May

A number of institutional investors have recently modified their holdings of the stock. NovaPoint Capital LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – May by 3.0% during the third quarter. NovaPoint Capital LLC now owns 13,587 shares of the company’s stock worth $574,000 after acquiring an additional 391 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in Innovator U.S. Equity Power Buffer ETF – May by 6.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,689 shares of the company’s stock valued at $276,000 after acquiring an additional 415 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – May by 4.0% in the second quarter. Sequoia Financial Advisors LLC now owns 12,743 shares of the company’s stock valued at $526,000 after acquiring an additional 493 shares during the period. Integrated Wealth Concepts LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – May by 8.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,515 shares of the company’s stock worth $269,000 after purchasing an additional 500 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Innovator U.S. Equity Power Buffer ETF – May by 53.6% in the 3rd quarter. Allworth Financial LP now owns 2,765 shares of the company’s stock worth $114,000 after purchasing an additional 965 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – May Company Profile

The Innovator S&P 500 Power Buffer ETF – May (PMAY) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PMAY was launched on May 1, 2020 and is managed by Innovator.