Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Sees Large Decline in Short Interest

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,137 shares, a decrease of 48.2% from the December 31st total of 2,194 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,768 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 1,768 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

Innovator International Developed Power Buffer ETF – May Price Performance

NYSEARCA:IMAY traded down $0.06 on Friday, hitting $30.42. 552 shares of the company’s stock were exchanged, compared to its average volume of 1,755. The firm has a 50-day moving average price of $29.86 and a 200-day moving average price of $29.19. Innovator International Developed Power Buffer ETF – May has a 52 week low of $24.63 and a 52 week high of $30.52. The company has a market cap of $34.07 million, a P/E ratio of 16.27 and a beta of 0.17.

Institutional Trading of Innovator International Developed Power Buffer ETF – May

Hedge funds have recently made changes to their positions in the business. Truist Financial Corp acquired a new position in Innovator International Developed Power Buffer ETF – May in the 2nd quarter valued at about $1,601,000. DHJJ Financial Advisors Ltd. lifted its position in Innovator International Developed Power Buffer ETF – May by 356.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 12,692 shares of the company’s stock worth $358,000 after purchasing an additional 9,912 shares during the period. Diligent Investors LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF – May during the 2nd quarter worth approximately $210,000. IFP Advisors Inc bought a new stake in Innovator International Developed Power Buffer ETF – May during the second quarter worth $140,000. Finally, Harbour Investments Inc. acquired a new stake in Innovator International Developed Power Buffer ETF – May in the second quarter valued at about $1,376,000.

Innovator International Developed Power Buffer ETF – May Company Profile

The Innovator International Developed Power Buffer ETF – May (IMAY) 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 May 1. The actively managed fund utilizes FLEX options and collateral. IMAY was launched on May 1, 2024 and is issued by Innovator.