Short Interest in Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) Expands By 132.3%

Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 76,498 shares, an increase of 132.3% from the April 30th total of 32,927 shares. Based on an average daily volume of 605,426 shares, the short-interest ratio is presently 0.1 days. Currently, 2.7% of the shares of the company are short sold.

Innovator International Developed Power Buffer ETF – March Trading Up 0.0%

Shares of NYSEARCA:IMAR traded up $0.01 on Friday, reaching $30.35. 36,353 shares of the company’s stock were exchanged, compared to its average volume of 100,300. The company has a fifty day moving average of $29.71 and a 200-day moving average of $29.76. Innovator International Developed Power Buffer ETF – March has a twelve month low of $27.59 and a twelve month high of $30.54. The company has a market capitalization of $85.89 million, a price-to-earnings ratio of 16.59 and a beta of 0.32.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – March during the 4th quarter worth approximately $201,000. Cetera Investment Advisers grew its position in shares of Innovator International Developed Power Buffer ETF – March by 88.6% during the 1st quarter. Cetera Investment Advisers now owns 98,029 shares of the company’s stock worth $2,846,000 after purchasing an additional 46,061 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Innovator International Developed Power Buffer ETF – March by 3.9% during the 1st quarter. NewEdge Advisors LLC now owns 11,035 shares of the company’s stock worth $320,000 after purchasing an additional 415 shares in the last quarter. Wealth Alliance LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF – March during the 1st quarter worth approximately $231,000. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Innovator International Developed Power Buffer ETF – March by 370.0% during the 1st quarter. Kestra Advisory Services LLC now owns 46,553 shares of the company’s stock worth $1,351,000 after acquiring an additional 36,648 shares during the period.

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.