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

Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 14,841 shares, a drop of 71.6% from the July 15th total of 52,230 shares. Based on an average daily volume of 17,038 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are short sold.

Innovator International Developed Power Buffer ETF – March Stock Up 0.0%

NYSEARCA:IMAR opened at $31.34 on Thursday. Innovator International Developed Power Buffer ETF – March has a 12 month low of $28.29 and a 12 month high of $31.47. The firm has a market cap of $111.24 million, a price-to-earnings ratio of 16.59 and a beta of 0.30. The company’s 50 day moving average is $30.55 and its 200-day moving average is $30.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Innovator International Developed Power Buffer ETF – March during the 2nd quarter worth $35,000. AdvisorNet Financial Inc acquired a new stake in shares of Innovator International Developed Power Buffer ETF – March in the first quarter valued at about $38,000. Advisory Services Network LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF – March in the third quarter valued at about $58,000. CoreCap Advisors LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF – March in the second quarter valued at about $100,000. Finally, Atlantic Private Wealth LLC bought a new position in shares of Innovator International Developed Power Buffer ETF – March in the first quarter worth about $102,000.

Innovator International Developed Power Buffer ETF – March Company Profile

The Innovator International Developed Power Buffer ETF – March (IMAR) 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 March 1. The actively managed fund utilizes FLEX options and collateral IMAR was launched on Feb 29, 2024 and is issued by Innovator.