Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY) Stock Short Interest Falls 70.4%

Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 10,806 shares, a drop of 70.4% from the October 15th total of 36,490 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 124,866 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Innovator U.S. Equity Ultra Buffer ETF – May

Institutional investors have recently modified their holdings of the business. Continuum Advisory LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – May in the second quarter valued at approximately $62,000. Founders Financial Securities LLC acquired a new stake in Innovator U.S. Equity Ultra Buffer ETF – May during the 3rd quarter worth $204,000. Sequoia Financial Advisors LLC acquired a new stake in Innovator U.S. Equity Ultra Buffer ETF – May during the 2nd quarter worth $248,000. Money Concepts Capital Corp acquired a new stake in Innovator U.S. Equity Ultra Buffer ETF – May during the 3rd quarter worth $630,000. Finally, IMG Wealth Management Inc. grew its holdings in Innovator U.S. Equity Ultra Buffer ETF – May by 66.0% during the 3rd quarter. IMG Wealth Management Inc. now owns 18,926 shares of the company’s stock worth $734,000 after acquiring an additional 7,526 shares during the period.

Innovator U.S. Equity Ultra Buffer ETF – May Trading Down 0.2%

Innovator U.S. Equity Ultra Buffer ETF – May stock opened at $38.75 on Friday. Innovator U.S. Equity Ultra Buffer ETF – May has a 1 year low of $35.73 and a 1 year high of $39.25. The company has a market cap of $83.31 million, a PE ratio of 22.71 and a beta of 0.40. The company’s 50-day moving average is $38.83 and its two-hundred day moving average is $37.89.

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

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