Short Interest in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Decreases By 73.4%

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 4,214 shares, a drop of 73.4% from the July 15th total of 15,821 shares. Based on an average trading volume of 37,683 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

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

Shares of BATS PMAY opened at $42.18 on Friday. The stock has a market capitalization of $709.89 million, a PE ratio of 23.79 and a beta of 0.44. The business has a fifty day moving average price of $41.40 and a two-hundred day moving average price of $40.67. Innovator U.S. Equity Power Buffer ETF – May has a fifty-two week low of $38.21 and a fifty-two week high of $42.23.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. BCS Wealth Management increased its holdings in Innovator U.S. Equity Power Buffer ETF – May by 93.7% in the 4th quarter. BCS Wealth Management now owns 32,708 shares of the company’s stock valued at $1,295,000 after buying an additional 15,820 shares during the period. Merit Financial Group LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 267.2% during the 4th quarter. Merit Financial Group LLC now owns 55,939 shares of the company’s stock worth $2,215,000 after acquiring an additional 40,707 shares during the period. Keystone Wealth Services LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 3,126.8% during the 4th quarter. Keystone Wealth Services LLC now owns 243,492 shares of the company’s stock worth $10,595,000 after acquiring an additional 235,946 shares during the period. BFI Wealth Solutions LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter worth approximately $1,119,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 97.0% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 65,462 shares of the company’s stock worth $2,615,000 after acquiring an additional 32,231 shares in the last quarter.

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

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.