AllianzIM U.S. Equity Buffer20 Jul ETF (BATS:JULW) Sees Large Drop in Short Interest

AllianzIM U.S. Equity Buffer20 Jul ETF (BATS:JULW) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 12,038 shares, a decrease of 42.4% from the August 31st total of 20,917 shares. Based on an average trading volume of 9,081 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer20 Jul ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JULW. World Investment Advisors bought a new position in AllianzIM U.S. Equity Buffer20 Jul ETF in the 4th quarter valued at approximately $4,707,000. Allianz Investment Management LLC bought a new stake in shares of AllianzIM U.S. Equity Buffer20 Jul ETF in the 4th quarter worth $3,728,000. GTS Financial LLC purchased a new position in shares of AllianzIM U.S. Equity Buffer20 Jul ETF in the first quarter worth $2,319,000. Elevated Capital Advisors LLC raised its stake in shares of AllianzIM U.S. Equity Buffer20 Jul ETF by 81.9% in the first quarter. Elevated Capital Advisors LLC now owns 95,852 shares of the company’s stock worth $3,720,000 after purchasing an additional 43,167 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new position in shares of AllianzIM U.S. Equity Buffer20 Jul ETF during the first quarter valued at $1,408,000.

AllianzIM U.S. Equity Buffer20 Jul ETF Price Performance

Shares of AllianzIM U.S. Equity Buffer20 Jul ETF stock opened at $41.52 on Friday. AllianzIM U.S. Equity Buffer20 Jul ETF has a one year low of $38.13 and a one year high of $41.69. The business’s 50 day simple moving average is $41.36 and its two-hundred day simple moving average is $40.60. The stock has a market capitalization of $252.03 million, a P/E ratio of 24.69 and a beta of 0.37.

About AllianzIM U.S. Equity Buffer20 Jul ETF

The AllianzIM U.S. Large Cap Buffer20 Jul ETF (JULW) 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. JULW was launched on Jun 30, 2020 and is managed by Allianz.