AllianzIM U.S. Equity Buffer20 Sep ETF (BATS:SEPW) Short Interest Up 2,964.7% in August

AllianzIM U.S. Equity Buffer20 Sep ETF (BATS:SEPW) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 22,035 shares, an increase of 2,964.7% from the August 15th total of 719 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 14,105 shares, the short-interest ratio is presently 1.6 days.

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

Several hedge funds have recently modified their holdings of SEPW. Geneos Wealth Management Inc. grew its position in AllianzIM U.S. Equity Buffer20 Sep ETF by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,000 shares of the company’s stock valued at $60,000 after buying an additional 1,000 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in AllianzIM U.S. Equity Buffer20 Sep ETF during the 2nd quarter worth $93,000. Allianz SE acquired a new stake in shares of AllianzIM U.S. Equity Buffer20 Sep ETF in the 4th quarter worth $160,000. Kintra Wealth LLC acquired a new stake in shares of AllianzIM U.S. Equity Buffer20 Sep ETF in the 2nd quarter worth $200,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer20 Sep ETF in the fourth quarter valued at about $204,000.

AllianzIM U.S. Equity Buffer20 Sep ETF Stock Performance

AllianzIM U.S. Equity Buffer20 Sep ETF stock traded down $0.10 during mid-day trading on Thursday, reaching $33.74. 42,909 shares of the company were exchanged, compared to its average volume of 51,491. The firm’s 50-day simple moving average is $33.69 and its two-hundred day simple moving average is $32.97. AllianzIM U.S. Equity Buffer20 Sep ETF has a twelve month low of $31.07 and a twelve month high of $34.71. The firm has a market cap of $106.28 million, a PE ratio of 24.33 and a beta of 0.39.

About AllianzIM U.S. Equity Buffer20 Sep ETF

The AllianzIM U.S. Large Cap Buffer20 Sep ETF (SEPW) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a one-year holding period. The actively managed fund holds options and collateral. SEPW was launched on Aug 31, 2023 and is issued by Allianz.