AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (BATS:OCTU) Sees Significant Decline in Short Interest

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (BATS:OCTU) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 272 shares, a drop of 84.6% from the May 31st total of 1,766 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,303 shares, the days-to-cover ratio is currently 0.1 days.

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

Shares of OCTU stock opened at $29.60 on Friday. The company’s fifty day moving average price is $30.05 and its 200-day moving average price is $28.97. AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF has a 12 month low of $25.94 and a 12 month high of $30.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in OCTU. Cetera Investment Advisers grew its holdings in shares of AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF by 15.8% during the second quarter. Cetera Investment Advisers now owns 18,354 shares of the company’s stock valued at $482,000 after buying an additional 2,510 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,075 shares of the company’s stock valued at $198,000 after acquiring an additional 646 shares during the period. NBZ Investment Advisors LLC purchased a new position in AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF in the 3rd quarter worth $32,000. Sterling Manor Financial LLC raised its stake in AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF by 76.8% in the 4th quarter. Sterling Manor Financial LLC now owns 16,883 shares of the company’s stock worth $481,000 after acquiring an additional 7,335 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. acquired a new stake in AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF during the 4th quarter worth about $48,000.

About AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF

The AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU) 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 OCTU was launched on Sep 30, 2024 and is issued by Allianz.