AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) Short Interest Update

AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,064 shares, an increase of 847.3% from the August 15th total of 429 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 726 shares, the short-interest ratio is currently 5.6 days.

AllianzIM U.S. Equity Buffer20 Nov ETF Price Performance

BATS:NVBW traded down $0.08 during midday trading on Thursday, reaching $36.25. 1,934 shares of the company traded hands, compared to its average volume of 3,994. The firm has a market capitalization of $96.06 million, a price-to-earnings ratio of 24.91 and a beta of 0.40. The company has a fifty day moving average price of $36.03 and a 200 day moving average price of $35.10. AllianzIM U.S. Equity Buffer20 Nov ETF has a twelve month low of $32.83 and a twelve month high of $36.48.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer20 Nov ETF

A hedge fund recently bought a new position in AllianzIM U.S. Equity Buffer20 Nov ETF stock. JPMorgan Chase & Co. acquired a new position in AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 12,729 shares of the company’s stock, valued at approximately $424,000. JPMorgan Chase & Co. owned 0.76% of AllianzIM U.S. Equity Buffer20 Nov ETF as of its most recent SEC filing.

About AllianzIM U.S. Equity Buffer20 Nov ETF

The Allianzim U.S. Large Cap Buffer20 Nov ETF (NVBW) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. NVBW was launched on Oct 31, 2022 and is managed by Allianz.