AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (BATS:SIXP) Stock Short Interest Climbs 94.9%

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (BATS:SIXP) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 17,846 shares, an increase of 94.9% from the August 31st total of 9,157 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average trading volume of 11,527 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF stock. Arkadios Wealth Advisors purchased a new stake in AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (BATS:SIXP) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 6,792 shares of the company’s stock, valued at approximately $212,000. Arkadios Wealth Advisors owned about 0.45% of AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF as of its most recent filing with the Securities & Exchange Commission.

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF Stock Down 0.0%

Shares of SIXP opened at $34.53 on Wednesday. The company has a 50 day moving average of $34.33 and a two-hundred day moving average of $33.43. AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF has a twelve month low of $30.51 and a twelve month high of $34.97. The company has a market cap of $44.89 million, a price-to-earnings ratio of 24.81 and a beta of 0.48.

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF Company Profile

The AllianzIM U.S. Large Cap 6 Month Buffer10 Mar/Sep ETF (SIXP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. SIXP was launched on Feb 29, 2024 and is issued by Allianz.