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

AllianzIM U.S. Equity Buffer20 Aug ETF (BATS:AUGW) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,418 shares, a decline of 85.6% from the September 15th total of 16,767 shares. Based on an average trading volume of 2,479 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer20 Aug ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its position in AllianzIM U.S. Equity Buffer20 Aug ETF by 51.9% during the third quarter. Farther Finance Advisors LLC now owns 10,551 shares of the company’s stock worth $367,000 after buying an additional 3,604 shares in the last quarter. Compass Financial Management LLC bought a new position in AllianzIM U.S. Equity Buffer20 Aug ETF during the 2nd quarter worth $31,000. Susquehanna International Group LLP increased its stake in AllianzIM U.S. Equity Buffer20 Aug ETF by 39.4% during the 2nd quarter. Susquehanna International Group LLP now owns 31,547 shares of the company’s stock worth $1,074,000 after acquiring an additional 8,914 shares during the period. Focus Financial Network Inc. increased its stake in AllianzIM U.S. Equity Buffer20 Aug ETF by 2.3% during the 2nd quarter. Focus Financial Network Inc. now owns 26,404 shares of the company’s stock worth $899,000 after acquiring an additional 593 shares during the period. Finally, GTS Financial LLC acquired a new position in AllianzIM U.S. Equity Buffer20 Aug ETF in the 1st quarter valued at $1,871,000.

AllianzIM U.S. Equity Buffer20 Aug ETF Trading Up 0.3%

AUGW stock opened at $35.09 on Friday. The firm has a market capitalization of $137.55 million, a PE ratio of 24.77 and a beta of 0.42. AllianzIM U.S. Equity Buffer20 Aug ETF has a 1-year low of $30.93 and a 1-year high of $36.33. The business’s 50 day simple moving average is $34.74 and its 200 day simple moving average is $33.98.

About AllianzIM U.S. Equity Buffer20 Aug ETF

The AllianzIM U.S. Large Cap Buffer20 Aug ETF (AUGW) 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 specific holdings period. The actively managed fund holds options and collateral. AUGW was launched on Jul 31, 2023 and is issued by Allianz.