Short Interest in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Increases By 14,648.7%

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 50,588 shares, a growth of 14,648.7% from the April 15th total of 343 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 260,721 shares, the days-to-cover ratio is presently 0.2 days.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Global Assets Advisory LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May during the 3rd quarter valued at $1,188,000. BCS Wealth Management boosted its stake in Innovator U.S. Equity Power Buffer ETF – May by 93.7% during the fourth quarter. BCS Wealth Management now owns 32,708 shares of the company’s stock worth $1,295,000 after buying an additional 15,820 shares during the period. Focus Partners Advisor Solutions LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – May by 88.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 56,785 shares of the company’s stock worth $2,220,000 after buying an additional 26,681 shares during the period. Merit Financial Group LLC increased its position in Innovator U.S. Equity Power Buffer ETF – May by 267.2% during the fourth quarter. Merit Financial Group LLC now owns 55,939 shares of the company’s stock valued at $2,215,000 after acquiring an additional 40,707 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the third quarter valued at $515,000.

Innovator U.S. Equity Power Buffer ETF – May Stock Down 0.0%

PMAY traded down $0.01 on Monday, hitting $40.96. The company had a trading volume of 191,621 shares, compared to its average volume of 98,393. The company has a market cap of $689.36 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 $36.49 and a 12-month high of $41.05. The business’s fifty day simple moving average is $40.10 and its 200 day simple moving average is $39.68.

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.