Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Short Interest Update

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

Innovator Deepwater Frontier Tech ETF Stock Up 0.3%

Shares of NYSEARCA:LOUP traded up $0.26 on Friday, reaching $81.54. The company had a trading volume of 65,121 shares, compared to its average volume of 21,284. The stock has a market capitalization of $171.23 million, a P/E ratio of 34.62 and a beta of 1.55. The stock has a 50-day moving average price of $77.64 and a 200 day moving average price of $72.43. Innovator Deepwater Frontier Tech ETF has a twelve month low of $37.23 and a twelve month high of $83.56.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Gradient Investments LLC increased its stake in Innovator Deepwater Frontier Tech ETF by 13.6% during the 4th quarter. Gradient Investments LLC now owns 279,217 shares of the company’s stock worth $21,335,000 after acquiring an additional 33,492 shares during the period. Royal Bank of Canada grew its holdings in shares of Innovator Deepwater Frontier Tech ETF by 16.1% during the 1st quarter. Royal Bank of Canada now owns 218,927 shares of the company’s stock worth $9,943,000 after purchasing an additional 30,427 shares in the last quarter. Elmwood Wealth Management Inc. grew its holdings in shares of Innovator Deepwater Frontier Tech ETF by 1.3% during the 4th quarter. Elmwood Wealth Management Inc. now owns 91,581 shares of the company’s stock worth $6,998,000 after purchasing an additional 1,134 shares in the last quarter. Epiq Partners LLC increased its position in shares of Innovator Deepwater Frontier Tech ETF by 2.8% in the third quarter. Epiq Partners LLC now owns 79,915 shares of the company’s stock worth $5,904,000 after purchasing an additional 2,179 shares during the period. Finally, Mattson Financial Services LLC raised its stake in Innovator Deepwater Frontier Tech ETF by 16.5% in the third quarter. Mattson Financial Services LLC now owns 40,523 shares of the company’s stock valued at $2,994,000 after purchasing an additional 5,742 shares in the last quarter.

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.