Short Interest in Innovator U.S. Equity Buffer ETF – May (BATS:BMAY) Drops By 69.0%

Innovator U.S. Equity Buffer ETF – May (BATS:BMAY) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 44,780 shares, a decline of 69.0% from the July 15th total of 144,236 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 7,312 shares, the short-interest ratio is currently 6.1 days.

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

BMAY opened at $48.67 on Friday. Innovator U.S. Equity Buffer ETF – May has a one year low of $42.92 and a one year high of $48.71. The company has a market cap of $179.11 million, a P/E ratio of 24.58 and a beta of 0.62. The business’s 50-day simple moving average is $47.48 and its 200-day simple moving average is $46.35.

Institutional Trading of Innovator U.S. Equity Buffer ETF – May

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BMAY. Cerity Partners LLC lifted its position in shares of Innovator U.S. Equity Buffer ETF – May by 40.5% during the 2nd quarter. Cerity Partners LLC now owns 102,331 shares of the company’s stock worth $4,318,000 after buying an additional 29,505 shares during the last quarter. Raymond James Financial Inc. raised its stake in Innovator U.S. Equity Buffer ETF – May by 6.5% during the 2nd quarter. Raymond James Financial Inc. now owns 182,540 shares of the company’s stock worth $7,703,000 after acquiring an additional 11,089 shares in the last quarter. MML Investors Services LLC raised its stake in Innovator U.S. Equity Buffer ETF – May by 193.3% during the 2nd quarter. MML Investors Services LLC now owns 71,191 shares of the company’s stock worth $3,004,000 after acquiring an additional 46,922 shares in the last quarter. Snowden Capital Advisors LLC lifted its position in Innovator U.S. Equity Buffer ETF – May by 55.7% in the second quarter. Snowden Capital Advisors LLC now owns 10,524 shares of the company’s stock valued at $444,000 after acquiring an additional 3,764 shares during the last quarter. Finally, Optimist Retirement Group LLC lifted its position in Innovator U.S. Equity Buffer ETF – May by 15.2% in the second quarter. Optimist Retirement Group LLC now owns 15,830 shares of the company’s stock valued at $668,000 after acquiring an additional 2,085 shares during the last quarter.

Innovator U.S. Equity Buffer ETF – May Company Profile

The Innovator S&P 500 Buffer ETF – May (BMAY) 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. BMAY was launched on May 1, 2020 and is managed by Innovator.