AllianzIM U.S. Equity Buffer20 Apr ETF (BATS:APRW) Sees Significant Decline in Short Interest

AllianzIM U.S. Equity Buffer20 Apr ETF (BATS:APRW) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 1,593 shares, a decline of 63.2% from the September 30th total of 4,326 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 15,002 shares, the days-to-cover ratio is presently 0.1 days.

AllianzIM U.S. Equity Buffer20 Apr ETF Stock Down 0.4%

APRW opened at $37.94 on Friday. The company has a market cap of $206.01 million, a price-to-earnings ratio of 24.47 and a beta of 0.34. AllianzIM U.S. Equity Buffer20 Apr ETF has a 52-week low of $34.06 and a 52-week high of $38.09. The firm’s fifty day simple moving average is $37.86 and its two-hundred day simple moving average is $36.67.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. IFP Advisors Inc increased its stake in AllianzIM U.S. Equity Buffer20 Apr ETF by 8.9% during the 3rd quarter. IFP Advisors Inc now owns 7,528 shares of the company’s stock worth $285,000 after buying an additional 617 shares in the last quarter. Focus Financial Network Inc. boosted its stake in shares of AllianzIM U.S. Equity Buffer20 Apr ETF by 1.1% in the third quarter. Focus Financial Network Inc. now owns 30,182 shares of the company’s stock worth $1,143,000 after acquiring an additional 332 shares during the last quarter. First Heartland Consultants Inc. purchased a new stake in shares of AllianzIM U.S. Equity Buffer20 Apr ETF during the third quarter worth approximately $360,000. Finally, Farther Finance Advisors LLC increased its position in shares of AllianzIM U.S. Equity Buffer20 Apr ETF by 4.0% during the third quarter. Farther Finance Advisors LLC now owns 90,972 shares of the company’s stock worth $3,444,000 after purchasing an additional 3,516 shares in the last quarter.

AllianzIM U.S. Equity Buffer20 Apr ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Apr ETF (APRW) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. APRW was launched on May 28, 2020 and is managed by Allianz.