AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) Sees Significant Increase in Short Interest

AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 107 shares, an increase of 118.4% from the August 15th total of 49 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,366 shares, the days-to-cover ratio is presently 0.1 days.

AllianzIM U.S. Equity Buffer10 Nov ETF Stock Performance

Shares of AllianzIM U.S. Equity Buffer10 Nov ETF stock opened at $40.44 on Tuesday. AllianzIM U.S. Equity Buffer10 Nov ETF has a 52-week low of $35.05 and a 52-week high of $40.87. The company’s 50 day moving average price is $40.21 and its 200-day moving average price is $38.80. The stock has a market capitalization of $30.33 million, a price-to-earnings ratio of 24.89 and a beta of 0.64.

About AllianzIM U.S. Equity Buffer10 Nov ETF

The Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust 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. NVBT was launched on Oct 31, 2022 and is managed by Allianz.