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

Innovator U.S. Equity Buffer ETF – May (BATS:BMAY) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 144,236 shares, a growth of 229.8% from the June 30th total of 43,729 shares. Based on an average daily volume of 16,854 shares, the short-interest ratio is presently 8.6 days. Currently, 3.9% of the company’s stock are sold short.

Institutional Trading of Innovator U.S. Equity Buffer ETF – May

Hedge funds have recently bought and sold shares of the stock. Chapman Financial Group LLC bought a new stake in Innovator U.S. Equity Buffer ETF – May during the 2nd quarter valued at $55,000. Nalls Sherbakoff Group LLC bought a new position in shares of Innovator U.S. Equity Buffer ETF – May in the 4th quarter worth $72,000. Advisory Services Network LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – May during the 3rd quarter worth $97,000. Ballast Rock Private Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – May during the 4th quarter worth $214,000. Finally, Citadel Advisors LLC bought a new stake in Innovator U.S. Equity Buffer ETF – May during the third quarter valued at about $243,000.

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

BATS BMAY opened at $47.24 on Tuesday. The firm’s 50 day moving average price is $47.28 and its 200-day moving average price is $46.07. Innovator U.S. Equity Buffer ETF – May has a 52-week low of $42.45 and a 52-week high of $47.78. The company has a market cap of $173.84 million, a PE ratio of 24.58 and a beta of 0.62.

Innovator U.S. Equity Buffer ETF – May Company Profile

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.