Innovator U.S. Equity Buffer ETF – May (BATS:BMAY) Short Interest Update

Innovator U.S. Equity Buffer ETF – May (BATS:BMAY) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 32,417 shares, a growth of 722.3% from the April 15th total of 3,942 shares. Based on an average trading volume of 29,612 shares, the short-interest ratio is currently 1.1 days. Approximately 0.9% of the shares of the stock are short sold.

Innovator U.S. Equity Buffer ETF – May Price Performance

Shares of BATS BMAY opened at $46.85 on Tuesday. Innovator U.S. Equity Buffer ETF – May has a one year low of $40.39 and a one year high of $46.92. The firm’s 50 day simple moving average is $45.49 and its two-hundred day simple moving average is $44.96. The stock has a market capitalization of $172.41 million, a P/E ratio of 24.58 and a beta of 0.62.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Private Advisor Group LLC bought a new position in Innovator U.S. Equity Buffer ETF – May during the first quarter valued at approximately $925,000. Nalls Sherbakoff Group LLC bought a new position in Innovator U.S. Equity Buffer ETF – May during the fourth quarter valued at approximately $72,000. MML Investors Services LLC grew its holdings in shares of Innovator U.S. Equity Buffer ETF – May by 4.3% in the fourth quarter. MML Investors Services LLC now owns 44,519 shares of the company’s stock worth $1,995,000 after purchasing an additional 1,840 shares during the last quarter. Arax Advisory Partners bought a new position in shares of Innovator U.S. Equity Buffer ETF – May in the fourth quarter worth approximately $504,000. Finally, TopTier Wealth Management LLC bought a new position in shares of Innovator U.S. Equity Buffer ETF – May in the fourth quarter worth approximately $1,652,000.

About Innovator U.S. Equity Buffer ETF – May

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