Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Short Interest Down 41.0% in May

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 38,025 shares, a drop of 41.0% from the May 14th total of 64,440 shares. Currently, 3.7% of the shares of the company are sold short. Based on an average trading volume of 21,304 shares, the days-to-cover ratio is currently 1.8 days.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF – May

Several institutional investors and hedge funds have recently bought and sold shares of IMAY. Cetera Investment Advisers bought a new position in Innovator International Developed Power Buffer ETF – May during the second quarter valued at $430,000. Raymond James Financial Inc. bought a new position in Innovator International Developed Power Buffer ETF – May during the second quarter valued at $313,000. IHT Wealth Management LLC bought a new position in Innovator International Developed Power Buffer ETF – May during the second quarter valued at $837,000. Captrust Financial Advisors grew its holdings in Innovator International Developed Power Buffer ETF – May by 15.3% during the second quarter. Captrust Financial Advisors now owns 18,125 shares of the company’s stock valued at $512,000 after purchasing an additional 2,400 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Innovator International Developed Power Buffer ETF – May by 3,958.3% during the second quarter. Osaic Holdings Inc. now owns 16,233 shares of the company’s stock valued at $458,000 after purchasing an additional 15,833 shares during the period.

Innovator International Developed Power Buffer ETF – May Trading Up 0.1%

Shares of IMAY opened at $31.81 on Wednesday. The stock has a 50 day moving average of $31.26 and a 200 day moving average of $30.52. Innovator International Developed Power Buffer ETF – May has a 12 month low of $27.66 and a 12 month high of $31.93. The company has a market capitalization of $32.45 million, a price-to-earnings ratio of 16.27 and a beta of 0.23.

About Innovator International Developed Power Buffer ETF – May

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.