AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) Stock Short Interest Falls 85.8%

AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 2,391 shares, a drop of 85.8% from the October 15th total of 16,855 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 19,582 shares, the days-to-cover ratio is currently 0.1 days.

AllianzIM U.S. Equity Buffer10 Jun ETF Trading Down 0.4%

Shares of BATS:JUNT opened at $38.05 on Wednesday. The company has a market capitalization of $112.25 million, a price-to-earnings ratio of 25.04 and a beta of 0.53. AllianzIM U.S. Equity Buffer10 Jun ETF has a 12-month low of $34.84 and a 12-month high of $39.96. The business has a 50-day moving average price of $38.58 and a 200 day moving average price of $37.66.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of JUNT. SMART Wealth LLC acquired a new stake in shares of AllianzIM U.S. Equity Buffer10 Jun ETF during the second quarter valued at about $2,828,000. Citadel Advisors LLC acquired a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF in the 2nd quarter worth approximately $425,000. Harbour Investments Inc. acquired a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF in the 3rd quarter worth approximately $328,000. First Heartland Consultants Inc. purchased a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF during the 2nd quarter worth approximately $267,000. Finally, Nvest Financial LLC boosted its position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF by 34.5% during the 2nd quarter. Nvest Financial LLC now owns 24,818 shares of the company’s stock worth $938,000 after purchasing an additional 6,366 shares during the period.

About AllianzIM U.S. Equity Buffer10 Jun ETF

The AllianzIM U.S. Large Cap Buffer10 Jun ETF (JUNT) 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. JUNT was launched on May 31, 2023 and is managed by Allianz.