AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) Sees Large Drop in Short Interest

AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 485 shares, a decline of 68.6% from the August 15th total of 1,546 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,111 shares, the short-interest ratio is currently 0.2 days.

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

An institutional investor recently bought a new stake in AllianzIM U.S. Equity Buffer10 Oct ETF stock. JPMorgan Chase & Co. purchased a new stake in AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,601 shares of the company’s stock, valued at approximately $409,000. JPMorgan Chase & Co. owned approximately 0.71% of AllianzIM U.S. Equity Buffer10 Oct ETF as of its most recent SEC filing.

AllianzIM U.S. Equity Buffer10 Oct ETF Trading Up 0.7%

Shares of AllianzIM U.S. Equity Buffer10 Oct ETF stock opened at $48.00 on Friday. AllianzIM U.S. Equity Buffer10 Oct ETF has a 12-month low of $41.51 and a 12-month high of $48.10. The stock has a market cap of $57.60 million, a PE ratio of 23.90 and a beta of 0.59. The company has a 50-day moving average of $47.36 and a two-hundred day moving average of $45.69.

About AllianzIM U.S. Equity Buffer10 Oct ETF

The AllianzIM U.S. Large Cap Buffer10 Oct ETF (OCTT) 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 index over a specific holdings period. The actively-managed fund holds options and collateral. OCTT was launched on Sep 20, 2020 and is managed by Allianz.