Innovator IBD 50 ETF (NYSEARCA:FFTY) Short Interest Update

Innovator IBD 50 ETF (NYSEARCA:FFTY) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 31,675 shares, a growth of 169.8% from the August 15th total of 11,741 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 17,743 shares, the short-interest ratio is presently 1.8 days.

Institutional Trading of Innovator IBD 50 ETF

Large investors have recently modified their holdings of the stock. Kraematon Investment Advisors Inc. bought a new position in Innovator IBD 50 ETF in the 2nd quarter valued at about $1,021,000. Guardian Wealth Advisors LLC NC acquired a new stake in shares of Innovator IBD 50 ETF during the 2nd quarter worth approximately $507,000. Royal Bank of Canada increased its stake in Innovator IBD 50 ETF by 3,222.5% in the first quarter. Royal Bank of Canada now owns 18,274 shares of the company’s stock valued at $611,000 after acquiring an additional 17,724 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in Innovator IBD 50 ETF by 11.1% during the second quarter. Concurrent Investment Advisors LLC now owns 63,128 shares of the company’s stock valued at $3,349,000 after purchasing an additional 6,321 shares in the last quarter. Finally, Trail Ridge Investment Advisors LLC acquired a new position in Innovator IBD 50 ETF during the second quarter valued at approximately $210,000.

Innovator IBD 50 ETF Trading Down 1.0%

Shares of FFTY opened at $34.88 on Tuesday. Innovator IBD 50 ETF has a 12 month low of $31.61 and a 12 month high of $44.08. The firm’s 50 day moving average is $37.38 and its 200-day moving average is $38.26. The stock has a market capitalization of $74.99 million, a PE ratio of 30.34 and a beta of 1.45.

Innovator IBD 50 ETF Company Profile

The Innovator IBD 50 ETF (FFTY) is an exchange-traded fund that is based on the IBD 50 index. The fund tracks an index of 50 US-listed stocks with aggressive growth characteristics. Holdings are selected based on fundamental and technical rankings FFTY was launched on Apr 9, 2015 and is managed by Innovator.