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 September. As of September 15th, there was short interest totaling 10,081 shares, a drop of 54.9% from the August 31st total of 22,336 shares. Based on an average trading volume of 22,593 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

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

BATS PMAY opened at $42.26 on Tuesday. The company has a market cap of $711.24 million, a P/E ratio of 23.79 and a beta of 0.44. The stock has a 50-day moving average of $41.97 and a two-hundred day moving average of $41.18. Innovator U.S. Equity Power Buffer ETF – May has a 1-year low of $38.65 and a 1-year high of $42.45.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Independent Financial Group LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – May during the 1st quarter worth $3,386,000. Bullseye Investment Management LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter valued at about $3,430,000. Kestra Advisory Services LLC raised its position in Innovator U.S. Equity Power Buffer ETF – May by 56.6% in the 1st quarter. Kestra Advisory Services LLC now owns 202,460 shares of the company’s stock valued at $8,086,000 after purchasing an additional 73,182 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 55.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 161,643 shares of the company’s stock valued at $6,676,000 after buying an additional 57,537 shares during the period. Finally, Atlantic Private Wealth LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter valued at about $1,958,000.

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.