Short Interest in AllianzIM U.S. Equity Buffer15 Uncapped June ETF (BATS:JNEU) Drops By 67.1%

AllianzIM U.S. Equity Buffer15 Uncapped June ETF (BATS:JNEU) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,571 shares, a decrease of 67.1% from the August 15th total of 7,814 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 5,968 shares, the days-to-cover ratio is presently 0.4 days.

AllianzIM U.S. Equity Buffer15 Uncapped June ETF Trading Up 0.5%

JNEU stock opened at $33.47 on Friday. The firm has a 50 day moving average price of $33.41 and a 200-day moving average price of $32.14. AllianzIM U.S. Equity Buffer15 Uncapped June ETF has a 52-week low of $28.42 and a 52-week high of $34.02.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. LPL Financial LLC purchased a new position in AllianzIM U.S. Equity Buffer15 Uncapped June ETF during the fourth quarter valued at $231,000. Osaic Holdings Inc. grew its stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped June ETF by 4.1% in the second quarter. Osaic Holdings Inc. now owns 8,925 shares of the company’s stock worth $250,000 after acquiring an additional 350 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped June ETF during the second quarter valued at $308,000. OLD Mission Capital LLC bought a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped June ETF during the fourth quarter valued at $336,000. Finally, Arax Advisory Partners purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped June ETF in the 4th quarter worth about $433,000.

About AllianzIM U.S. Equity Buffer15 Uncapped June ETF

The AllianzIM U.S. Equity Buffer15 Uncapped June ETF (JNEU) 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 JNEU was launched on May 31, 2024 and is issued by Allianz.