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

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 36,791 shares, an increase of 879.8% from the April 15th total of 3,755 shares. Currently, 3.6% of the company’s shares are short sold. Based on an average daily volume of 19,956 shares, the days-to-cover ratio is presently 1.8 days.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF – May

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

Innovator International Developed Power Buffer ETF – May Trading Down 0.7%

Shares of Innovator International Developed Power Buffer ETF – May stock traded down $0.23 during trading hours on Tuesday, reaching $31.24. The stock had a trading volume of 898 shares, compared to its average volume of 18,158. The firm has a 50 day simple moving average of $30.55 and a two-hundred day simple moving average of $30.09. The firm has a market capitalization of $31.87 million, a price-to-earnings ratio of 16.27 and a beta of 0.23. Innovator International Developed Power Buffer ETF – May has a 1 year low of $27.33 and a 1 year high of $31.69.

Innovator International Developed Power Buffer ETF – May Company Profile

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.