Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Stock Short Interest Drops 66.9%

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 6,022 shares, a drop of 66.9% from the August 31st total of 18,175 shares. Based on an average trading volume of 10,527 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

Innovator International Developed Power Buffer ETF – May Stock Down 0.2%

Shares of NYSEARCA:IMAY traded down $0.06 during midday trading on Tuesday, reaching $32.04. The company’s stock had a trading volume of 170 shares, compared to its average volume of 16,992. Innovator International Developed Power Buffer ETF – May has a 12-month low of $28.59 and a 12-month high of $32.72. The firm has a market capitalization of $50.62 million, a P/E ratio of 16.27 and a beta of 0.22. The firm has a 50 day moving average of $32.33 and a 200-day moving average of $31.55.

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

A number of hedge funds have recently made changes to their positions in the company. Syon Capital LLC purchased a new stake in Innovator International Developed Power Buffer ETF – May during the 2nd quarter worth approximately $659,000. Advus Financial Partners LLC boosted its position in shares of Innovator International Developed Power Buffer ETF – May by 2.5% in the 2nd quarter. Advus Financial Partners LLC now owns 20,760 shares of the company’s stock worth $659,000 after purchasing an additional 500 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Innovator International Developed Power Buffer ETF – May during the second quarter worth $571,000. Gill Capital Partners LLC boosted its stake in Innovator International Developed Power Buffer ETF – May by 302.8% in the 2nd quarter. Gill Capital Partners LLC now owns 15,772 shares of the company’s stock valued at $500,000 after purchasing an additional 11,856 shares during the period. Finally, Cetera Investment Advisers raised its position in Innovator International Developed Power Buffer ETF – May by 13.6% during the first quarter. Cetera Investment Advisers now owns 14,725 shares of the company’s stock valued at $444,000 after purchasing an additional 1,767 shares in the last quarter.

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.