Short Interest in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (BATS:NVBU) Expands By 109.8%

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (BATS:NVBU) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 24,716 shares, an increase of 109.8% from the June 30th total of 11,782 shares. Approximately 1.7% of the shares of the company are sold short. Based on an average daily volume of 867 shares, the short-interest ratio is presently 28.5 days.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC increased its position in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF by 95.4% in the 1st quarter. Kestra Advisory Services LLC now owns 9,515 shares of the company’s stock valued at $268,000 after acquiring an additional 4,645 shares during the period. Stephens Inc. AR lifted its position in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF by 10.2% during the 1st quarter. Stephens Inc. AR now owns 156,146 shares of the company’s stock worth $4,397,000 after acquiring an additional 14,500 shares during the period. Cetera Investment Advisers acquired a new stake in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF during the 4th quarter worth approximately $321,000. Arax Advisory Partners purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF in the 4th quarter valued at approximately $475,000. Finally, Allianz SE purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF in the 4th quarter valued at approximately $2,599,000.

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF Stock Performance

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF stock remained flat at $30.53 during midday trading on Wednesday. 235 shares of the company’s stock traded hands, compared to its average volume of 5,033. AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF has a 52 week low of $26.61 and a 52 week high of $31.32. The business has a 50-day moving average price of $30.79 and a 200 day moving average price of $29.74.

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF Company Profile

The AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (NVBU) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and uncapped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral NVBU was launched on Oct 31, 2024 and is issued by Allianz.