Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) Short Interest Down 71.6% in July

Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 14,841 shares, a decrease of 71.6% from the July 15th total of 52,230 shares. Based on an average daily trading volume, of 17,038 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company’s stock are sold short.

Innovator International Developed Power Buffer ETF – March Price Performance

Shares of NYSEARCA IMAR traded down $0.01 during mid-day trading on Friday, reaching $31.35. 7,522 shares of the company’s stock traded hands, compared to its average volume of 79,439. The business has a 50-day simple moving average of $30.59 and a 200 day simple moving average of $30.11. The stock has a market cap of $111.29 million, a P/E ratio of 16.59 and a beta of 0.30. Innovator International Developed Power Buffer ETF – March has a 1-year low of $28.29 and a 1-year high of $31.47.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of Innovator International Developed Power Buffer ETF – March in the second quarter valued at approximately $35,000. AdvisorNet Financial Inc bought a new stake in Innovator International Developed Power Buffer ETF – March during the first quarter worth $38,000. Advisory Services Network LLC purchased a new stake in Innovator International Developed Power Buffer ETF – March in the 3rd quarter valued at $58,000. CoreCap Advisors LLC bought a new position in Innovator International Developed Power Buffer ETF – March during the 2nd quarter valued at $100,000. Finally, Atlantic Private Wealth LLC bought a new position in Innovator International Developed Power Buffer ETF – March during the 1st quarter valued at $102,000.

About Innovator International Developed Power Buffer ETF – March

The Innovator International Developed Power Buffer ETF – March (IMAR) 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 March 1. The actively managed fund utilizes FLEX options and collateral IMAR was launched on Feb 29, 2024 and is issued by Innovator.