Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) Short Interest Down 40.5% in August

Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 238 shares, a drop of 40.5% from the August 15th total of 400 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,022 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Innovator IBD Breakout Opportunities ETF

A hedge fund recently raised its stake in Innovator IBD Breakout Opportunities ETF stock. Comprehensive Wealth Management LLC increased its position in Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) by 122.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,403 shares of the company’s stock after buying an additional 12,859 shares during the quarter. Comprehensive Wealth Management LLC owned 6.69% of Innovator IBD Breakout Opportunities ETF worth $850,000 as of its most recent filing with the Securities & Exchange Commission.

Innovator IBD Breakout Opportunities ETF Price Performance

NYSEARCA:BOUT traded down $0.09 during trading hours on Wednesday, reaching $42.94. 784 shares of the company were exchanged, compared to its average volume of 3,729. Innovator IBD Breakout Opportunities ETF has a 1-year low of $35.05 and a 1-year high of $49.41. The business has a 50 day moving average of $45.43 and a 200 day moving average of $44.44. The company has a market capitalization of $42.90 million, a P/E ratio of 28.69 and a beta of 1.02.

Innovator IBD Breakout Opportunities ETF Company Profile

The Innovator IBD Breakout Opportunities ETF (BOUT) is an exchange-traded fund that is based on the IBD Breakout Stocks Total Return index. The fund tracks an index of US-listed stocks that are likely to breakout, as determined by technical analysis. Holdings are weighted by a mix of fundamental and technical factors BOUT was launched on Sep 13, 2018 and is managed by Innovator.