AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) Shares Shorted: Short Interest Up 432.2% in October

AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 4,226 shares, a growth of 432.2% from the September 30th total of 794 shares. Based on an average daily volume of 27,188 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.4% of the shares of the stock are sold short.

AllianzIM U.S. Equity Buffer10 Oct ETF Price Performance

Shares of BATS:OCTT opened at $48.62 on Tuesday. The firm has a fifty day moving average price of $48.29 and a two-hundred day moving average price of $45.84. AllianzIM U.S. Equity Buffer10 Oct ETF has a one year low of $41.51 and a one year high of $49.18. The company has a market cap of $58.34 million, a price-to-earnings ratio of 23.90 and a beta of 0.59.

AllianzIM U.S. Equity Buffer10 Oct ETF Company Profile

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.