Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Short Interest Update

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) was the target of a large growth in short interest during 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. Based on an average trading volume of 19,956 shares, the days-to-cover ratio is currently 1.8 days. Currently, 3.6% of the shares of the company are sold short.

Innovator International Developed Power Buffer ETF – May Stock Performance

Shares of NYSEARCA IMAY traded down $0.23 during trading on Tuesday, reaching $31.24. The stock had a trading volume of 898 shares, compared to its average volume of 18,158. Innovator International Developed Power Buffer ETF – May has a one year low of $27.33 and a one year high of $31.69. The stock has a market cap of $31.87 million, a PE ratio of 16.27 and a beta of 0.23. The firm’s 50 day moving average price is $30.55 and its two-hundred day moving average price is $30.09.

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

A number of institutional investors have recently made changes to their positions in the company. Red Crane Wealth Management LLC increased its holdings in shares of Innovator International Developed Power Buffer ETF – May by 43.9% in the 1st quarter. Red Crane Wealth Management LLC now owns 14,310 shares of the company’s stock valued at $431,000 after acquiring an additional 4,365 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Innovator International Developed Power Buffer ETF – May by 16.6% in the 4th quarter. Cetera Investment Advisers now owns 12,958 shares of the company’s stock valued at $387,000 after acquiring an additional 1,845 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Innovator International Developed Power Buffer ETF – May in the 4th quarter valued at approximately $2,737,000. Citadel Advisors LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF – May in the 3rd quarter valued at approximately $271,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Innovator International Developed Power Buffer ETF – May by 27.4% in the 3rd quarter. Raymond James Financial Inc. now owns 14,128 shares of the company’s stock valued at $410,000 after acquiring an additional 3,038 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.