Short Interest in Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Increases By 87.3%

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 51,885 shares, an increase of 87.3% from the December 15th total of 27,699 shares. Currently, 2.5% of the company’s stock are short sold. Based on an average daily volume of 9,992 shares, the days-to-cover ratio is presently 5.2 days. Based on an average daily volume of 9,992 shares, the days-to-cover ratio is presently 5.2 days. Currently, 2.5% of the company’s stock are short sold.

Institutional Trading of Innovator Deepwater Frontier Tech ETF

A number of institutional investors have recently bought and sold shares of the company. AE Wealth Management LLC acquired a new stake in Innovator Deepwater Frontier Tech ETF during the 2nd quarter valued at $34,000. Triumph Capital Management purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF in the third quarter valued at $157,000. FAS Wealth Partners Inc. acquired a new stake in shares of Innovator Deepwater Frontier Tech ETF during the second quarter valued at $209,000. Comerica Bank increased its position in Innovator Deepwater Frontier Tech ETF by 50.0% during the 3rd quarter. Comerica Bank now owns 3,000 shares of the company’s stock worth $222,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC acquired a new position in Innovator Deepwater Frontier Tech ETF in the 2nd quarter valued at about $250,000.

Innovator Deepwater Frontier Tech ETF Trading Up 0.7%

Shares of Innovator Deepwater Frontier Tech ETF stock traded up $0.57 during trading on Thursday, reaching $81.16. The company’s stock had a trading volume of 13,151 shares, compared to its average volume of 16,832. The firm has a market cap of $170.44 million, a PE ratio of 34.62 and a beta of 1.55. The company has a 50-day moving average price of $77.56 and a two-hundred day moving average price of $72.24. Innovator Deepwater Frontier Tech ETF has a fifty-two week low of $37.23 and a fifty-two week high of $83.56.

Innovator Deepwater Frontier Tech ETF Company Profile

The Innovator Loup Frontier Tech ETF (LOUP) is an exchange-traded fund that is based on the Loup Frontier Tech index. The fund tracks an index of developed- and emerging-market stocks that are influencing the future of technology. Holdings are selected by fundamental criteria and equally weighted in two tiers. LOUP was launched on Jul 25, 2018 and is managed by Innovator.