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

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 56,109 shares, a drop of 58.7% from the May 31st total of 136,006 shares. Based on an average trading volume of 113,764 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are sold short.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jessup Wealth Management Inc purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter worth approximately $56,000. Fifth Third Bancorp purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the first quarter valued at approximately $80,000. Optima Capital LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth $107,000. Foundry Financial Group Inc. acquired a new position in Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth $203,000. Finally, WMS Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth $238,000.

Innovator U.S. Equity Power Buffer ETF – May Stock Up 0.3%

Shares of BATS:PMAY opened at $41.30 on Wednesday. Innovator U.S. Equity Power Buffer ETF – May has a fifty-two week low of $37.70 and a fifty-two week high of $41.51. The firm’s 50-day simple moving average is $41.00 and its 200-day simple moving average is $40.23. The company has a market cap of $695.08 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

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.