Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Stock Short Interest Report for October

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 14,099 shares, an increase of 156.7% from the October 15th total of 5,492 shares. Based on an average daily volume of 16,983 shares, the short-interest ratio is presently 0.8 days. Currently, 0.6% of the company’s stock are short sold.

Innovator Deepwater Frontier Tech ETF Price Performance

Shares of NYSEARCA LOUP traded down $1.50 during midday trading on Friday, hitting $69.34. 3,577 shares of the company’s stock were exchanged, compared to its average volume of 15,087. The firm’s fifty day simple moving average is $82.98 and its 200-day simple moving average is $83.92. The company has a market cap of $169.88 million, a PE ratio of 40.08 and a beta of 1.76. Innovator Deepwater Frontier Tech ETF has a twelve month low of $64.86 and a twelve month high of $100.30.

Hedge Funds Weigh In On Innovator Deepwater Frontier Tech ETF

A number of institutional investors have recently modified their holdings of the business. HighTower Advisors LLC purchased a new position in shares of Innovator Deepwater Frontier Tech ETF in the 3rd quarter valued at approximately $3,353,000. Asset Dedication LLC purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the third quarter worth approximately $39,000. Commonwealth Equity Services LLC purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the third quarter worth approximately $1,255,000. Integrity Alliance LLC. purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the third quarter worth approximately $302,000. Finally, Sigma Planning Corp purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the third quarter worth approximately $342,000.

About Innovator Deepwater Frontier Tech ETF

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.