Short Interest in AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) Declines By 68.6%

AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 485 shares, a decrease of 68.6% from the August 15th total of 1,546 shares. Based on an average daily volume of 2,111 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

AllianzIM U.S. Equity Buffer10 Oct ETF Stock Performance

Shares of OCTT opened at $48.00 on Monday. AllianzIM U.S. Equity Buffer10 Oct ETF has a 52-week low of $41.51 and a 52-week high of $48.10. The business’s fifty day moving average is $47.36 and its 200-day moving average is $45.71. The firm has a market cap of $57.60 million, a price-to-earnings ratio of 23.90 and a beta of 0.59.

Institutional Trading of AllianzIM U.S. Equity Buffer10 Oct ETF

A hedge fund recently bought a new stake in AllianzIM U.S. Equity Buffer10 Oct ETF stock. JPMorgan Chase & Co. bought a new position in shares of AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,601 shares of the company’s stock, valued at approximately $409,000. JPMorgan Chase & Co. owned approximately 0.71% of AllianzIM U.S. Equity Buffer10 Oct ETF at the end of the most recent quarter.

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.