AllianzIM U.S. Equity Buffer10 Mar ETF (BATS:MART) Stock Short Interest Declines 73.6%

AllianzIM U.S. Equity Buffer10 Mar ETF (BATS:MART) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 2,780 shares, a decrease of 73.6% from the September 15th total of 10,539 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 973 shares, the days-to-cover ratio is presently 2.9 days.

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

A hedge fund recently raised its stake in AllianzIM U.S. Equity Buffer10 Mar ETF stock. Envestnet Asset Management Inc. raised its holdings in AllianzIM U.S. Equity Buffer10 Mar ETF (BATS:MART) by 14.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,213 shares of the company’s stock after buying an additional 1,903 shares during the quarter. Envestnet Asset Management Inc. owned 2.08% of AllianzIM U.S. Equity Buffer10 Mar ETF worth $638,000 at the end of the most recent quarter.

AllianzIM U.S. Equity Buffer10 Mar ETF Price Performance

Shares of BATS MART opened at $43.49 on Monday. The company has a market capitalization of $31.75 million, a P/E ratio of 24.60 and a beta of 0.60. The business’s 50-day moving average price is $42.93 and its two-hundred day moving average price is $41.73. AllianzIM U.S. Equity Buffer10 Mar ETF has a one year low of $37.29 and a one year high of $43.49.

AllianzIM U.S. Equity Buffer10 Mar ETF Company Profile

The AllianzIM U.S. Large Cap Buffer10 Mar ETF (MART) is an exchange-traded fund that mostly invests in large cap equity. 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 MART was launched on Feb 28, 2023 and is managed by Allianz.