Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Stock Short Interest Climbs 1,229.1%

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

Innovator U.S. Equity Power Buffer ETF – May Trading Down 0.3%

Shares of PMAY stock traded down $0.13 on Tuesday, reaching $42.02. The company’s stock had a trading volume of 23,804 shares, compared to its average volume of 87,886. The stock’s fifty day simple moving average is $42.28 and its 200-day simple moving average is $41.14. 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 company has a market capitalization of $778.63 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PMAY. NovaPoint Capital LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – May by 3.0% in the third quarter. NovaPoint Capital LLC now owns 13,587 shares of the company’s stock worth $574,000 after buying an additional 391 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in Innovator U.S. Equity Power Buffer ETF – May by 6.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,689 shares of the company’s stock valued at $276,000 after purchasing an additional 415 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – May by 4.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,743 shares of the company’s stock valued at $526,000 after purchasing an additional 493 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – May by 8.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,515 shares of the company’s stock valued at $269,000 after purchasing an additional 500 shares during the last quarter. Finally, Allworth Financial LP raised its position in Innovator U.S. Equity Power Buffer ETF – May by 53.6% in the 3rd quarter. Allworth Financial LP now owns 2,765 shares of the company’s stock worth $114,000 after purchasing an additional 965 shares during the period.

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.