Innovator Equity Defined Protection ETF – 1 Yr May (BATS:ZMAY) Shares Shorted: Short Interest Down 76.3% in October

Innovator Equity Defined Protection ETF – 1 Yr May (BATS:ZMAY) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 4,315 shares, a drop of 76.3% from the October 15th total of 18,241 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 76,791 shares, the days-to-cover ratio is currently 0.1 days.

Innovator Equity Defined Protection ETF – 1 Yr May Stock Performance

Shares of BATS ZMAY opened at $26.43 on Friday. Innovator Equity Defined Protection ETF – 1 Yr May has a fifty-two week low of $25.11 and a fifty-two week high of $26.52. The firm’s 50-day simple moving average is $26.37 and its 200 day simple moving average is $25.98. The stock has a market cap of $64.22 million and a price-to-earnings ratio of 23.68.

Hedge Funds Weigh In On Innovator Equity Defined Protection ETF – 1 Yr May

Several hedge funds have recently modified their holdings of ZMAY. Syon Capital LLC purchased a new position in Innovator Equity Defined Protection ETF – 1 Yr May in the second quarter worth $2,140,000. Concurrent Investment Advisors LLC boosted its position in Innovator Equity Defined Protection ETF – 1 Yr May by 440.9% during the second quarter. Concurrent Investment Advisors LLC now owns 49,991 shares of the company’s stock worth $1,298,000 after purchasing an additional 40,749 shares during the period. Envestnet Asset Management Inc. purchased a new position in Innovator Equity Defined Protection ETF – 1 Yr May in the 2nd quarter valued at approximately $1,139,000. NewEdge Advisors LLC purchased a new position in shares of Innovator Equity Defined Protection ETF – 1 Yr May in the second quarter valued at $522,000. Finally, Canandaigua National Bank & Trust Co. purchased a new position in Innovator Equity Defined Protection ETF – 1 Yr May during the 2nd quarter valued at about $592,000.

About Innovator Equity Defined Protection ETF – 1 Yr May

Innovator ETFs Trust – Innovator Equity Defined Protection ETF – 1 Yr May is an exchange traded fund launched and managed by Innovator Capital Management, LLC. The fund is co-managed by Milliman Financial Risk Management LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as FLexible EXchange Options that reference the performance of the SPDR S&P 500 ETF Trust to create its portfolio.