Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) Shares Shorted: Short Interest Down 66.9% in September

Innovator International Developed Power Buffer ETF – May (NYSEARCA:IMAY) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 6,022 shares, a decline of 66.9% from the August 31st total of 18,175 shares. Based on an average daily trading volume, of 10,527 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the company’s stock are sold short.

Innovator International Developed Power Buffer ETF – May Stock Performance

NYSEARCA:IMAY traded down $0.10 during mid-day trading on Monday, hitting $32.10. 3,726 shares of the company’s stock traded hands, compared to its average volume of 17,083. The company has a fifty day moving average of $32.32 and a 200 day moving average of $31.54. Innovator International Developed Power Buffer ETF – May has a twelve month low of $28.59 and a twelve month high of $32.72. The company has a market capitalization of $50.72 million, a P/E ratio of 16.27 and a beta of 0.22.

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

Hedge funds have recently modified their holdings of the stock. Syon Capital LLC purchased a new position in shares of Innovator International Developed Power Buffer ETF – May in the 2nd quarter valued at approximately $659,000. Advus Financial Partners LLC grew its position in Innovator International Developed Power Buffer ETF – May by 2.5% during the 2nd quarter. Advus Financial Partners LLC now owns 20,760 shares of the company’s stock worth $659,000 after purchasing an additional 500 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Innovator International Developed Power Buffer ETF – May during the 2nd quarter worth approximately $571,000. Gill Capital Partners LLC increased its stake in Innovator International Developed Power Buffer ETF – May by 302.8% during the 2nd quarter. Gill Capital Partners LLC now owns 15,772 shares of the company’s stock valued at $500,000 after purchasing an additional 11,856 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in Innovator International Developed Power Buffer ETF – May by 13.6% during the 1st quarter. Cetera Investment Advisers now owns 14,725 shares of the company’s stock valued at $444,000 after purchasing an additional 1,767 shares in the last quarter.

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.