AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) Sees Significant Growth in Short Interest

AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 4,961 shares, a growth of 4,329.5% from the October 15th total of 112 shares. Based on an average trading volume of 22,693 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer20 Nov ETF

A number of large investors have recently modified their holdings of the company. Harbour Investments Inc. acquired a new position in shares of AllianzIM U.S. Equity Buffer20 Nov ETF in the 3rd quarter valued at about $1,088,000. Blue Bell Private Wealth Management LLC acquired a new stake in AllianzIM U.S. Equity Buffer20 Nov ETF during the 3rd quarter worth approximately $73,000. Finally, Farther Finance Advisors LLC increased its position in AllianzIM U.S. Equity Buffer20 Nov ETF by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 18,187 shares of the company’s stock worth $664,000 after purchasing an additional 301 shares in the last quarter.

AllianzIM U.S. Equity Buffer20 Nov ETF Price Performance

NVBW stock traded down $0.05 during trading on Tuesday, reaching $36.79. 26,411 shares of the stock traded hands, compared to its average volume of 7,237. The business’s 50 day moving average price is $36.66 and its 200-day moving average price is $35.33. AllianzIM U.S. Equity Buffer20 Nov ETF has a 52-week low of $32.83 and a 52-week high of $37.24. The firm has a market capitalization of $106.69 million, a PE ratio of 24.91 and a beta of 0.40.

AllianzIM U.S. Equity Buffer20 Nov ETF Company Profile

The Allianzim U.S. Large Cap Buffer20 Nov ETF (NVBW) 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. NVBW was launched on Oct 31, 2022 and is managed by Allianz.