AllianzIM U.S. Large Cap Buffer10 Oct ETF (NYSEARCA:OCTT) Short Interest Update

AllianzIM U.S. Large Cap Buffer10 Oct ETF (NYSEARCA:OCTT) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 9,507 shares, a drop of 79.9% from the November 30th total of 47,201 shares. Based on an average daily volume of 3,406 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.7% of the shares of the stock are short sold. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily volume of 3,406 shares, the days-to-cover ratio is presently 2.8 days.

AllianzIM U.S. Large Cap Buffer10 Oct ETF Trading Down 0.0%

NYSEARCA:OCTT traded down $0.01 during trading hours on Friday, hitting $43.78. 517 shares of the stock were exchanged, compared to its average volume of 23,441. AllianzIM U.S. Large Cap Buffer10 Oct ETF has a 52-week low of $34.01 and a 52-week high of $43.79. The firm’s fifty day moving average price is $43.08 and its 200 day moving average price is $41.83. The company has a market cap of $59.10 million, a P/E ratio of 23.90 and a beta of 0.58.

Institutional Investors Weigh In On AllianzIM U.S. Large Cap Buffer10 Oct ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Strategic Blueprint LLC grew its holdings in shares of AllianzIM U.S. Large Cap Buffer10 Oct ETF by 26.9% during the 2nd quarter. Strategic Blueprint LLC now owns 8,465 shares of the company’s stock worth $340,000 after purchasing an additional 1,797 shares during the period. AdvisorNet Financial Inc increased its stake in AllianzIM U.S. Large Cap Buffer10 Oct ETF by 66.9% during the 3rd quarter. AdvisorNet Financial Inc now owns 1,995 shares of the company’s stock worth $85,000 after buying an additional 800 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of AllianzIM U.S. Large Cap Buffer10 Oct ETF by 5.7% in the third quarter. Nations Financial Group Inc. IA ADV now owns 7,360 shares of the company’s stock valued at $314,000 after acquiring an additional 396 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in AllianzIM U.S. Large Cap Buffer10 Oct ETF in the 3rd quarter valued at about $409,000.

AllianzIM U.S. Large Cap Buffer10 Oct ETF Company Profile

The AllianzIM U.S. Large Cap Buffer10 Oct ETF (OCTT) 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 index over a specific holdings period. The actively-managed fund holds options and collateral. OCTT was launched on Sep 20, 2020 and is managed by Allianz.