AllianzIM U.S. Equity Buffer10 Sep ETF (BATS:SEPT) Sees Large Growth in Short Interest

AllianzIM U.S. Equity Buffer10 Sep ETF (BATS:SEPT) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 9,475 shares, a growth of 651.4% from the August 15th total of 1,261 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 3,802 shares, the days-to-cover ratio is presently 2.5 days.

AllianzIM U.S. Equity Buffer10 Sep ETF Price Performance

Shares of SEPT stock opened at $38.35 on Friday. The stock has a market cap of $33.75 million, a PE ratio of 24.57 and a beta of 0.61. The stock has a 50-day moving average of $38.06 and a 200-day moving average of $36.83. AllianzIM U.S. Equity Buffer10 Sep ETF has a one year low of $33.63 and a one year high of $38.99.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer10 Sep ETF

Several large investors have recently bought and sold shares of the company. Raymond James Financial Inc. raised its holdings in AllianzIM U.S. Equity Buffer10 Sep ETF by 185.0% in the third quarter. Raymond James Financial Inc. now owns 33,509 shares of the company’s stock worth $1,155,000 after purchasing an additional 21,751 shares during the period. Moors & Cabot Inc. bought a new stake in shares of AllianzIM U.S. Equity Buffer10 Sep ETF in the 3rd quarter valued at $228,000. Csenge Advisory Group raised its stake in AllianzIM U.S. Equity Buffer10 Sep ETF by 4.3% during the 4th quarter. Csenge Advisory Group now owns 21,288 shares of the company’s stock worth $749,000 after buying an additional 886 shares during the period. Kingdom Financial Group LLC. bought a new position in AllianzIM U.S. Equity Buffer10 Sep ETF during the fourth quarter worth about $82,000. Finally, Lloyd Advisory Services LLC. acquired a new position in AllianzIM U.S. Equity Buffer10 Sep ETF in the fourth quarter valued at about $939,000.

About AllianzIM U.S. Equity Buffer10 Sep ETF

The AllianzIM U.S. Large Cap Buffer10 Sep ETF (SEPT) 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 one-year holding period. The actively managed fund holds options and collateral. SEPT was launched on Aug 31, 2023 and is issued by Allianz.