Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Shares Shorted: Short Interest Up 1,229.1% in October

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 9,091 shares, a growth of 1,229.1% from the October 15th total of 684 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 79,560 shares, the days-to-cover ratio is currently 0.1 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bullseye Investment Management LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter worth about $3,430,000. Forvis Mazars Wealth Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the 3rd quarter valued at about $1,202,000. Schulz Wealth LTD. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the 2nd quarter valued at about $1,017,000. Citadel Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the 2nd quarter valued at about $799,000. Finally, Atlantic Private Wealth LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the 2nd quarter valued at about $1,958,000.

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

Shares of Innovator U.S. Equity Power Buffer ETF – May stock opened at $42.02 on Wednesday. Innovator U.S. Equity Power Buffer ETF – May has a 1 year low of $38.70 and a 1 year high of $42.69. The firm has a market cap of $778.63 million, a PE ratio of 23.79 and a beta of 0.44. The company has a 50 day simple moving average of $42.28 and a two-hundred day simple moving average of $41.15.

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.