Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) Short Interest Down 73.2% in April

Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 32,927 shares, a drop of 73.2% from the April 15th total of 122,863 shares. Based on an average trading volume of 48,249 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.2% of the company’s shares are sold short.

Institutional Trading of Innovator International Developed Power Buffer ETF – March

Hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Innovator International Developed Power Buffer ETF – March during the second quarter worth approximately $35,000. AdvisorNet Financial Inc acquired a new stake in Innovator International Developed Power Buffer ETF – March during the first quarter worth approximately $38,000. Advisory Services Network LLC acquired a new stake in Innovator International Developed Power Buffer ETF – March during the third quarter worth approximately $58,000. Atlantic Private Wealth LLC acquired a new stake in Innovator International Developed Power Buffer ETF – March during the first quarter worth approximately $102,000. Finally, HighTower Advisors LLC acquired a new stake in Innovator International Developed Power Buffer ETF – March during the fourth quarter worth approximately $201,000.

Innovator International Developed Power Buffer ETF – March Stock Performance

NYSEARCA IMAR traded up $0.09 during mid-day trading on Wednesday, reaching $30.14. 103,239 shares of the stock were exchanged, compared to its average volume of 77,749. Innovator International Developed Power Buffer ETF – March has a 1-year low of $27.28 and a 1-year high of $30.54. The business’s fifty day simple moving average is $29.51 and its 200 day simple moving average is $29.67. The stock has a market capitalization of $85.30 million, a PE ratio of 16.59 and a beta of 0.32.

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.