Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) Sees Significant Decrease in Short Interest

Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) was the target of a significant decrease in short interest in 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 shares of the stock are short sold.

Innovator IBD Breakout Opportunities ETF Stock Up 1.0%

Shares of BOUT traded up $0.45 during trading hours on Thursday, reaching $43.34. 253 shares of the company traded hands, compared to its average volume of 3,683. The stock has a market capitalization of $15.17 million, a PE ratio of 28.69 and a beta of 1.02. The stock has a fifty day simple moving average of $44.96 and a 200 day simple moving average of $44.61. Innovator IBD Breakout Opportunities ETF has a fifty-two week low of $35.05 and a fifty-two week high of $49.41.

Institutional Investors Weigh In On Innovator IBD Breakout Opportunities ETF

An institutional investor recently raised its position in Innovator IBD Breakout Opportunities ETF stock. Comprehensive Wealth Management LLC increased its position in Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) by 122.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,403 shares of the company’s stock after buying 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 as of its most recent SEC filing.

Innovator IBD Breakout Opportunities ETF Company Profile

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.