Short Interest in Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Expands By 85.0%

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 2,194 shares, a growth of 85.0% from the December 15th total of 1,186 shares. Based on an average daily trading volume, of 646 shares, the days-to-cover ratio is currently 3.4 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 646 shares, the days-to-cover ratio is currently 3.4 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of IMAY. Harbour Investments Inc. purchased a new position in Innovator International Developed Power Buffer ETF – May in the second quarter worth about $1,376,000. Phillips Financial Management LLC bought a new position in shares of Innovator International Developed Power Buffer ETF – May in the 2nd quarter worth approximately $127,000. Wealth Alliance LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – May in the second quarter worth approximately $421,000. DHJJ Financial Advisors Ltd. grew its position in Innovator International Developed Power Buffer ETF – May by 356.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 12,692 shares of the company’s stock valued at $358,000 after buying an additional 9,912 shares during the period. Finally, PFG Advisors bought a new stake in Innovator International Developed Power Buffer ETF – May during the second quarter valued at approximately $481,000.

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

IMAY traded up $0.03 during midday trading on Thursday, hitting $30.26. 744 shares of the company traded hands, compared to its average volume of 1,927. The company’s 50-day moving average is $29.56 and its 200 day moving average is $29.02. The firm has a market capitalization of $33.90 million, a PE ratio of 16.27 and a beta of 0.17. Innovator International Developed Power Buffer ETF – May has a 52 week low of $24.63 and a 52 week high of $30.27.

Innovator International Developed Power Buffer ETF – May Company Profile

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.