Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Sees Large Decrease in Short Interest

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 3,755 shares, a decrease of 34.2% from the March 31st total of 5,707 shares. Based on an average daily trading volume, of 955 shares, the days-to-cover ratio is presently 3.9 days. Approximately 0.4% of the company’s stock are short sold.

Innovator International Developed Power Buffer ETF – May Stock Up 0.1%

Shares of NYSEARCA IMAY traded up $0.04 during mid-day trading on Thursday, reaching $31.18. 149,660 shares of the company were exchanged, compared to its average volume of 5,608. The stock has a market cap of $31.80 million, a price-to-earnings ratio of 16.27 and a beta of 0.20. Innovator International Developed Power Buffer ETF – May has a 1 year low of $27.00 and a 1 year high of $31.32. The firm has a 50-day moving average of $30.49 and a 200 day moving average of $30.00.

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

Hedge funds have recently made changes to their positions in the stock. Beacon Financial Advisory LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – May during the 3rd quarter worth $216,000. Citadel Advisors LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – May during the 3rd quarter worth $271,000. Raymond James Financial Inc. purchased a new stake in shares of Innovator International Developed Power Buffer ETF – May during the 2nd quarter worth $313,000. Cetera Investment Advisers lifted its stake in shares of Innovator International Developed Power Buffer ETF – May by 16.6% during the 4th quarter. Cetera Investment Advisers now owns 12,958 shares of the company’s stock worth $387,000 after purchasing an additional 1,845 shares during the last quarter. Finally, Red Crane Wealth Management LLC lifted its stake in shares of Innovator International Developed Power Buffer ETF – May by 43.9% during the 1st quarter. Red Crane Wealth Management LLC now owns 14,310 shares of the company’s stock worth $431,000 after purchasing an additional 4,365 shares during the last quarter.

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.