Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Stock Short Interest Falls 90.8%

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 684 shares, a decline of 90.8% from the September 30th total of 7,473 shares. Based on an average daily trading volume, of 18,766 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PMAY. Sigma Planning Corp purchased a new position in Innovator U.S. Equity Power Buffer ETF – May during the third quarter worth $209,000. Signaturefd LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – May during the third quarter valued at $772,000. Simplicity Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the third quarter valued at $289,000. NovaPoint Capital LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 3.0% in the third quarter. NovaPoint Capital LLC now owns 13,587 shares of the company’s stock valued at $574,000 after acquiring an additional 391 shares during the period. Finally, Brookstone Capital Management purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the third quarter valued at $32,705,000.

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

Shares of PMAY stock traded up $0.16 during trading hours on Monday, reaching $42.37. The company had a trading volume of 8,185 shares, compared to its average volume of 91,106. The firm has a market cap of $713.09 million, a PE ratio of 23.79 and a beta of 0.44. The business has a fifty day moving average price of $42.26 and a 200-day moving average price of $41.54. Innovator U.S. Equity Power Buffer ETF – May has a one year low of $38.70 and a one year high of $42.69.

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.