Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Short Interest Update

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 16,057 shares, a decline of 71.4% from the June 15th total of 56,109 shares. Based on an average daily trading volume, of 27,293 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Alliancebernstein L.P. increased its position in Innovator U.S. Equity Power Buffer ETF – May by 28.2% during the second quarter. Alliancebernstein L.P. now owns 3,546,015 shares of the company’s stock worth $133,998,000 after buying an additional 779,446 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 367.6% in the fourth quarter. Focus Partners Wealth now owns 365,330 shares of the company’s stock valued at $14,463,000 after acquiring an additional 287,204 shares in the last quarter. Keystone Wealth Services LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 3,126.8% in the fourth quarter. Keystone Wealth Services LLC now owns 243,492 shares of the company’s stock valued at $10,595,000 after acquiring an additional 235,946 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 26.7% during the second quarter. Raymond James Financial Inc. now owns 507,341 shares of the company’s stock valued at $19,172,000 after acquiring an additional 106,807 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the first quarter valued at $3,386,000.

Innovator U.S. Equity Power Buffer ETF – May Stock Performance

BATS PMAY traded up $0.15 during trading hours on Friday, reaching $41.61. The company’s stock had a trading volume of 10,157 shares, compared to its average volume of 126,383. The company’s 50-day moving average is $41.14 and its two-hundred day moving average is $40.33. Innovator U.S. Equity Power Buffer ETF – May has a fifty-two week low of $37.78 and a fifty-two week high of $41.62. The stock has a market cap of $700.30 million, a PE ratio of 23.79 and a beta of 0.44.

Innovator U.S. Equity Power Buffer ETF – May Company Profile

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.