Short Interest in Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Expands By 85.0%

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 2,194 shares, an increase of 85.0% from the December 15th total of 1,186 shares. Based on an average daily trading volume, of 646 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 646 shares, the days-to-cover ratio is currently 3.4 days.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – May

A number of hedge funds have recently made changes to their positions in the company. Creative Financial Designs Inc. ADV bought a new position in Innovator International Developed Power Buffer ETF – May during the second quarter valued at approximately $28,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – May during the 2nd quarter worth approximately $95,000. Phillips Financial Management LLC bought a new position in shares of Innovator International Developed Power Buffer ETF – May during the 2nd quarter valued at approximately $127,000. IFP Advisors Inc bought a new position in shares of Innovator International Developed Power Buffer ETF – May during the 2nd quarter valued at approximately $140,000. Finally, Diligent Investors LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – May in the second quarter valued at $210,000.

Innovator International Developed Power Buffer ETF – May Price Performance

Shares of IMAY stock traded up $0.03 during mid-day trading on Thursday, hitting $30.26. The company had a trading volume of 744 shares, compared to its average volume of 1,927. The stock’s 50 day moving average price is $29.56 and its 200-day moving average price is $29.02. Innovator International Developed Power Buffer ETF – May has a 52-week low of $24.63 and a 52-week high of $30.27. The company has a market capitalization of $33.90 million, a P/E ratio of 16.27 and a beta of 0.17.

About Innovator International Developed Power Buffer ETF – May

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.