Short Interest in Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Decreases By 56.5%

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 15,499 shares, a decrease of 56.5% from the June 15th total of 35,611 shares. Based on an average daily trading volume, of 12,045 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.7% of the company’s shares are sold short.

Innovator Deepwater Frontier Tech ETF Price Performance

Innovator Deepwater Frontier Tech ETF stock traded down $1.61 during trading hours on Thursday, reaching $90.40. The stock had a trading volume of 11,983 shares, compared to its average volume of 15,396. The stock has a market cap of $212.44 million, a PE ratio of 34.62 and a beta of 1.68. Innovator Deepwater Frontier Tech ETF has a 52 week low of $61.31 and a 52 week high of $100.30. The company has a fifty day simple moving average of $92.71 and a 200-day simple moving average of $82.18.

Institutional Trading of Innovator Deepwater Frontier Tech ETF

Large investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. increased its holdings in Innovator Deepwater Frontier Tech ETF by 243.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 584 shares of the company’s stock valued at $45,000 after purchasing an additional 414 shares during the period. Kestra Advisory Services LLC purchased a new stake in Innovator Deepwater Frontier Tech ETF in the 4th quarter worth approximately $53,000. Federation des caisses Desjardins du Quebec grew its position in shares of Innovator Deepwater Frontier Tech ETF by 63.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,501 shares of the company’s stock worth $115,000 after buying an additional 580 shares during the last quarter. Triumph Capital Management bought a new stake in shares of Innovator Deepwater Frontier Tech ETF in the 3rd quarter worth approximately $157,000. Finally, Fifth Third Bancorp purchased a new position in shares of Innovator Deepwater Frontier Tech ETF during the first quarter valued at approximately $207,000.

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.