Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) Stock Short Interest Drops 89.9%

Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 24 shares, a decrease of 89.9% from the August 31st total of 238 shares. Based on an average trading volume of 3,504 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Innovator IBD Breakout Opportunities ETF Price Performance

Shares of NYSEARCA BOUT traded up $0.19 during mid-day trading on Friday, hitting $43.53. The company had a trading volume of 226 shares, compared to its average volume of 3,664. Innovator IBD Breakout Opportunities ETF has a 1-year low of $35.05 and a 1-year high of $49.41. The company has a market capitalization of $15.24 million, a PE ratio of 28.69 and a beta of 1.02. The business’s 50-day simple moving average is $44.90 and its 200 day simple moving average is $44.60.

Institutional Trading of Innovator IBD Breakout Opportunities ETF

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

About Innovator IBD Breakout Opportunities ETF

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.