AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) Sees Significant Drop in Short Interest

AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 52 shares, a decline of 53.6% from the September 30th total of 112 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

AllianzIM U.S. Equity Buffer10 Nov ETF Trading Down 0.3%

BATS NVBT opened at $41.01 on Friday. The stock has a 50-day simple moving average of $40.79 and a 200 day simple moving average of $38.89. The company has a market capitalization of $30.76 million, a PE ratio of 24.89 and a beta of 0.64. AllianzIM U.S. Equity Buffer10 Nov ETF has a 12 month low of $35.05 and a 12 month high of $41.40.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer10 Nov ETF

A hedge fund recently bought a new position in AllianzIM U.S. Equity Buffer10 Nov ETF stock. Blue Bell Private Wealth Management LLC acquired a new position in shares of AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,806 shares of the company’s stock, valued at approximately $195,000. Blue Bell Private Wealth Management LLC owned approximately 0.64% of AllianzIM U.S. Equity Buffer10 Nov ETF as of its most recent SEC filing.

About AllianzIM U.S. Equity Buffer10 Nov ETF

The Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust 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. NVBT was launched on Oct 31, 2022 and is managed by Allianz.