AllianzIM U.S. Equity Buffer10 Sep ETF (BATS:SEPT) Sees Large Growth in Short Interest

AllianzIM U.S. Equity Buffer10 Sep ETF (BATS:SEPT) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 9,475 shares, an increase of 651.4% from the August 15th total of 1,261 shares. Based on an average daily trading volume, of 3,802 shares, the short-interest ratio is currently 2.5 days. Currently, 1.1% of the shares of the stock are short sold.

AllianzIM U.S. Equity Buffer10 Sep ETF Trading Up 0.7%

Shares of SEPT stock opened at $38.35 on Friday. The stock has a market cap of $33.75 million, a P/E ratio of 24.57 and a beta of 0.61. AllianzIM U.S. Equity Buffer10 Sep ETF has a 1 year low of $33.63 and a 1 year high of $38.99. The stock has a 50 day simple moving average of $38.06 and a 200 day simple moving average of $36.83.

Institutional Trading of AllianzIM U.S. Equity Buffer10 Sep ETF

Institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers lifted its position in AllianzIM U.S. Equity Buffer10 Sep ETF by 0.7% during the first quarter. Cetera Investment Advisers now owns 37,793 shares of the company’s stock worth $1,298,000 after purchasing an additional 274 shares during the period. Raymond James Financial Inc. lifted its stake in AllianzIM U.S. Equity Buffer10 Sep ETF by 185.0% during the third quarter. Raymond James Financial Inc. now owns 33,509 shares of the company’s stock worth $1,155,000 after purchasing an additional 21,751 shares during the last quarter. Nvest Financial LLC lifted its stake in AllianzIM U.S. Equity Buffer10 Sep ETF by 28.1% during the fourth quarter. Nvest Financial LLC now owns 29,623 shares of the company’s stock worth $1,042,000 after purchasing an additional 6,502 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of AllianzIM U.S. Equity Buffer10 Sep ETF in the 4th quarter valued at $939,000. Finally, FSA Advisors Inc. boosted its holdings in shares of AllianzIM U.S. Equity Buffer10 Sep ETF by 7.1% in the 1st quarter. FSA Advisors Inc. now owns 25,659 shares of the company’s stock valued at $881,000 after purchasing an additional 1,691 shares in the last quarter.

AllianzIM U.S. Equity Buffer10 Sep ETF Company Profile

The AllianzIM U.S. Large Cap Buffer10 Sep ETF (SEPT) 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 one-year holding period. The actively managed fund holds options and collateral. SEPT was launched on Aug 31, 2023 and is issued by Allianz.