Short Interest in Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Drops By 48.2%

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 1,137 shares, a drop of 48.2% from the December 31st total of 2,194 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,768 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 1,768 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

Innovator International Developed Power Buffer ETF – May Stock Down 0.2%

Shares of IMAY stock opened at $30.42 on Friday. Innovator International Developed Power Buffer ETF – May has a fifty-two week low of $24.63 and a fifty-two week high of $30.52. The stock has a market capitalization of $34.07 million, a P/E ratio of 16.27 and a beta of 0.17. The stock has a 50-day simple moving average of $29.86 and a 200 day simple moving average of $29.20.

Institutional Investors Weigh In On Innovator International Developed Power Buffer ETF – May

Several hedge funds have recently modified their holdings of IMAY. Creative Financial Designs Inc. ADV purchased a new position in shares of Innovator International Developed Power Buffer ETF – May in the second quarter worth approximately $28,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Innovator International Developed Power Buffer ETF – May during the 2nd quarter worth about $95,000. Phillips Financial Management LLC acquired a new stake in Innovator International Developed Power Buffer ETF – May in the second quarter valued at approximately $127,000. IFP Advisors Inc acquired a new stake in shares of Innovator International Developed Power Buffer ETF – May in the 2nd quarter valued at $140,000. Finally, Diligent Investors LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF – May in the second quarter worth about $210,000.

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.