Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Short Interest Down 16.4% in February

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 9,390 shares, a decrease of 16.4% from the February 12th total of 11,233 shares. Based on an average daily trading volume, of 10,507 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 10,507 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On Innovator Deepwater Frontier Tech ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LOUP. Gradient Investments LLC raised its stake in shares of Innovator Deepwater Frontier Tech ETF by 13.6% in the fourth quarter. Gradient Investments LLC now owns 279,217 shares of the company’s stock worth $21,335,000 after buying an additional 33,492 shares during the period. Royal Bank of Canada lifted its holdings in shares of Innovator Deepwater Frontier Tech ETF by 23.2% in the 4th quarter. Royal Bank of Canada now owns 231,075 shares of the company’s stock worth $17,657,000 after buying an additional 43,472 shares during the period. LPL Financial LLC raised its position in shares of Innovator Deepwater Frontier Tech ETF by 49.0% in the 4th quarter. LPL Financial LLC now owns 130,583 shares of the company’s stock worth $9,978,000 after acquiring an additional 42,923 shares in the last quarter. Elmwood Wealth Management Inc. grew its stake in Innovator Deepwater Frontier Tech ETF by 1.3% during the 4th quarter. Elmwood Wealth Management Inc. now owns 91,581 shares of the company’s stock worth $6,998,000 after buying an additional 1,134 shares during the last quarter. Finally, Epiq Partners LLC grew its stake in Innovator Deepwater Frontier Tech ETF by 2.8% during the 3rd quarter. Epiq Partners LLC now owns 79,915 shares of the company’s stock valued at $5,904,000 after purchasing an additional 2,179 shares during the last quarter.

Innovator Deepwater Frontier Tech ETF Stock Up 0.8%

Shares of LOUP stock traded up $0.58 during trading on Tuesday, reaching $73.17. The company’s stock had a trading volume of 6,895 shares, compared to its average volume of 14,351. The business has a fifty day moving average price of $76.90 and a 200-day moving average price of $76.31. The company has a market cap of $160.97 million, a price-to-earnings ratio of 34.62 and a beta of 1.55. Innovator Deepwater Frontier Tech ETF has a one year low of $37.23 and a one year high of $83.56.

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.