AllianzIM U.S. Equity Buffer10 Feb ETF (BATS:FEBT) Sees Large Increase in Short Interest

AllianzIM U.S. Equity Buffer10 Feb ETF (BATS:FEBT) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 24,666 shares, a growth of 138.1% from the September 30th total of 10,360 shares. Based on an average daily volume of 9,475 shares, the days-to-cover ratio is presently 2.6 days. Approximately 0.6% of the shares of the stock are sold short.

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

An institutional investor recently bought a new stake in AllianzIM U.S. Equity Buffer10 Feb ETF stock. Blue Bell Private Wealth Management LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer10 Feb ETF (BATS:FEBT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,620 shares of the company’s stock, valued at approximately $279,000. Blue Bell Private Wealth Management LLC owned about 0.17% of AllianzIM U.S. Equity Buffer10 Feb ETF at the end of the most recent quarter.

AllianzIM U.S. Equity Buffer10 Feb ETF Stock Performance

Shares of FEBT stock opened at $42.56 on Friday. The company has a market cap of $163.86 million, a PE ratio of 24.96 and a beta of 0.65. The stock’s fifty day moving average price is $42.26 and its two-hundred day moving average price is $40.44. AllianzIM U.S. Equity Buffer10 Feb ETF has a fifty-two week low of $36.62 and a fifty-two week high of $42.78.

AllianzIM U.S. Equity Buffer10 Feb ETF Company Profile

The AllianzIM U.S. Large Cap Buffer10 Feb ETF (FEBT) 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. FEBT was launched on Jan 31, 2023 and is managed by Allianz.