Short Interest in Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Rises By 879.8%

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 36,791 shares, a growth of 879.8% from the April 15th total of 3,755 shares. Currently, 3.6% of the company’s shares are sold short. Based on an average daily trading volume, of 19,956 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of Innovator International Developed Power Buffer ETF – May

Several institutional investors and hedge funds have recently made changes to their positions in IMAY. Beacon Financial Advisory LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF – May during the third quarter worth $216,000. Citadel Advisors LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF – May during the third quarter worth $271,000. Raymond James Financial Inc. bought a new stake in shares of Innovator International Developed Power Buffer ETF – May during the second quarter worth $313,000. Cetera Investment Advisers lifted its position in shares of Innovator International Developed Power Buffer ETF – May by 16.6% during the fourth 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 position in shares of Innovator International Developed Power Buffer ETF – May by 43.9% during the first 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.

Innovator International Developed Power Buffer ETF – May Stock Up 0.3%

NYSEARCA IMAY opened at $31.40 on Thursday. The company has a fifty day moving average of $30.58 and a two-hundred day moving average of $30.12. The firm has a market capitalization of $32.03 million, a price-to-earnings ratio of 16.27 and a beta of 0.23. Innovator International Developed Power Buffer ETF – May has a 52 week low of $27.33 and a 52 week high of $31.69.

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.