Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Short Interest Down 41.0% in May

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 38,025 shares, a drop of 41.0% from the May 14th total of 64,440 shares. Based on an average trading volume of 21,304 shares, the short-interest ratio is presently 1.8 days. Approximately 3.7% of the company’s shares are short sold.

Innovator International Developed Power Buffer ETF – May Stock Up 0.1%

Shares of IMAY stock traded up $0.03 during mid-day trading on Tuesday, reaching $31.81. The company’s stock had a trading volume of 1,029 shares, compared to its average volume of 23,766. The company’s 50 day simple moving average is $31.26 and its 200-day simple moving average is $30.52. Innovator International Developed Power Buffer ETF – May has a 12-month low of $27.66 and a 12-month high of $31.93. The firm has a market capitalization of $32.45 million, a PE ratio of 16.27 and a beta of 0.23.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IMAY. Focus Partners Wealth acquired a new position in shares of Innovator International Developed Power Buffer ETF – May during the fourth quarter worth $2,737,000. IHT Wealth Management LLC acquired a new position in Innovator International Developed Power Buffer ETF – May in the 2nd quarter worth $837,000. Ameritas Advisory Services LLC acquired a new position in Innovator International Developed Power Buffer ETF – May in the 3rd quarter worth $523,000. Osaic Holdings Inc. lifted its holdings in Innovator International Developed Power Buffer ETF – May by 3,958.3% in the 2nd quarter. Osaic Holdings Inc. now owns 16,233 shares of the company’s stock worth $458,000 after buying an additional 15,833 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new position in Innovator International Developed Power Buffer ETF – May in the 2nd quarter worth $430,000.

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.