Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Short Interest Down 33.7% in January

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 34,376 shares, a decline of 33.7% from the December 31st total of 51,885 shares. Based on an average daily volume of 16,955 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.6% of the shares of the stock are sold short. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily volume of 16,955 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Trading of Innovator Deepwater Frontier Tech ETF

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

Innovator Deepwater Frontier Tech ETF Price Performance

Innovator Deepwater Frontier Tech ETF stock traded down $2.88 during trading hours on Friday, reaching $77.45. The company had a trading volume of 28,594 shares, compared to its average volume of 19,650. Innovator Deepwater Frontier Tech ETF has a 12-month low of $37.23 and a 12-month high of $83.56. The company has a 50-day moving average price of $78.51 and a 200 day moving average price of $73.75. The firm has a market cap of $170.39 million, a price-to-earnings ratio of 34.62 and a beta of 1.55.

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.