Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Shares Shorted: Short Interest Down 90.8% in October

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 684 shares, a decline of 90.8% from the September 30th total of 7,473 shares. Based on an average daily volume of 18,766 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Innovator U.S. Equity Power Buffer ETF – May Trading Up 0.4%

Shares of PMAY stock traded up $0.16 during trading hours on Monday, reaching $42.37. The stock had a trading volume of 8,185 shares, compared to its average volume of 91,106. The stock’s fifty day simple moving average is $42.26 and its 200 day simple moving average is $41.54. The firm has a market capitalization of $713.09 million, a PE ratio of 23.79 and a beta of 0.44. Innovator U.S. Equity Power Buffer ETF – May has a 12 month low of $38.70 and a 12 month high of $42.69.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – May

A number of hedge funds and other institutional investors have recently modified their holdings of PMAY. Brookstone Capital Management bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the 3rd quarter valued at about $32,705,000. Kestra Advisory Services LLC grew its position in Innovator U.S. Equity Power Buffer ETF – May by 56.6% during the 1st quarter. Kestra Advisory Services LLC now owns 202,460 shares of the company’s stock worth $8,086,000 after acquiring an additional 73,182 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – May by 55.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 161,643 shares of the company’s stock worth $6,676,000 after acquiring an additional 57,537 shares during the last quarter. CoreCap Advisors LLC grew its position in Innovator U.S. Equity Power Buffer ETF – May by 19.0% during the 2nd quarter. CoreCap Advisors LLC now owns 89,165 shares of the company’s stock worth $3,683,000 after acquiring an additional 14,206 shares during the last quarter. Finally, Castle Rock Wealth Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – May by 2.5% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 84,527 shares of the company’s stock worth $3,491,000 after acquiring an additional 2,100 shares during the last quarter.

About Innovator U.S. Equity Power Buffer ETF – May

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