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

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 38,025 shares, a drop of 41.0% from the May 14th total of 64,440 shares. Approximately 3.7% of the company’s shares are sold short. Based on an average daily trading volume, of 21,304 shares, the short-interest ratio is currently 1.8 days.

Innovator International Developed Power Buffer ETF – May Price Performance

Shares of NYSEARCA IMAY traded up $0.12 during midday trading on Monday, hitting $31.78. The stock had a trading volume of 888 shares, compared to its average volume of 23,968. Innovator International Developed Power Buffer ETF – May has a fifty-two week low of $27.66 and a fifty-two week high of $31.86. The company’s 50-day simple moving average is $31.23 and its 200 day simple moving average is $30.50. The firm has a market cap of $32.42 million, a P/E ratio of 16.27 and a beta of 0.23.

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

Institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF – May during the third quarter worth $271,000. Raymond James Financial Inc. acquired a new stake in shares of Innovator International Developed Power Buffer ETF – May during the second quarter worth $313,000. Cetera Investment Advisers grew its stake 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 period. Red Crane Wealth Management LLC grew its stake 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 period. Finally, Osaic Holdings Inc. grew its stake in shares of Innovator International Developed Power Buffer ETF – May by 3,958.3% during the second quarter. Osaic Holdings Inc. now owns 16,233 shares of the company’s stock worth $458,000 after purchasing an additional 15,833 shares during the period.

Innovator International Developed Power Buffer ETF – May Company Profile

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.