AllianzIM U.S. Equity Buffer15 Uncapped June ETF (BATS:JNEU) Sees Significant Drop in Short Interest

AllianzIM U.S. Equity Buffer15 Uncapped June ETF (BATS:JNEU) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,571 shares, a drop of 67.1% from the August 15th total of 7,814 shares. Based on an average daily volume of 5,968 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped June ETF

Large investors have recently added to or reduced their stakes in the stock. Savant Capital LLC boosted its holdings in shares of AllianzIM U.S. Equity Buffer15 Uncapped June ETF by 0.4% in the fourth quarter. Savant Capital LLC now owns 75,423 shares of the company’s stock valued at $2,286,000 after purchasing an additional 326 shares during the period. Osaic Holdings Inc. increased its holdings in AllianzIM U.S. Equity Buffer15 Uncapped June ETF by 4.1% during the 2nd quarter. Osaic Holdings Inc. now owns 8,925 shares of the company’s stock worth $250,000 after purchasing an additional 350 shares during the period. LPL Financial LLC purchased a new position in AllianzIM U.S. Equity Buffer15 Uncapped June ETF during the 4th quarter worth $231,000. MML Investors Services LLC raised its position in AllianzIM U.S. Equity Buffer15 Uncapped June ETF by 9.8% during the 2nd quarter. MML Investors Services LLC now owns 94,698 shares of the company’s stock valued at $2,657,000 after purchasing an additional 8,417 shares in the last quarter. Finally, Cetera Investment Advisers bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped June ETF during the 2nd quarter valued at $308,000.

AllianzIM U.S. Equity Buffer15 Uncapped June ETF Trading Up 0.5%

BATS:JNEU opened at $33.47 on Friday. AllianzIM U.S. Equity Buffer15 Uncapped June ETF has a twelve month low of $28.42 and a twelve month high of $34.02. The stock has a fifty day simple moving average of $33.41 and a 200-day simple moving average of $32.14.

About AllianzIM U.S. Equity Buffer15 Uncapped June ETF

The AllianzIM U.S. Equity Buffer15 Uncapped June ETF (JNEU) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and uncapped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral JNEU was launched on May 31, 2024 and is issued by Allianz.