Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 50,588 shares, a growth of 14,648.7% from the April 15th total of 343 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 260,721 shares, the days-to-cover ratio is currently 0.2 days.

Innovator U.S. Equity Power Buffer ETF – May Trading Down 0.0%

PMAY opened at $40.94 on Wednesday. The firm has a market capitalization of $689.02 million, a PE ratio of 23.79 and a beta of 0.44. Innovator U.S. Equity Power Buffer ETF – May has a twelve month low of $36.49 and a twelve month high of $41.05. The firm’s 50-day moving average price is $40.16 and its 200 day moving average price is $39.72.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – May

Several institutional investors and hedge funds have recently bought and sold shares of PMAY. Independent Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter worth approximately $3,386,000. Fifth Third Bancorp purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May during the 1st quarter worth approximately $80,000. Kestra Advisory Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 56.6% in the 1st quarter. Kestra Advisory Services LLC now owns 202,460 shares of the company’s stock valued at $8,086,000 after purchasing an additional 73,182 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 97.0% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 65,462 shares of the company’s stock valued at $2,615,000 after purchasing an additional 32,231 shares during the last quarter. Finally, World Investment Advisors purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the 4th quarter valued at approximately $260,000.

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.