AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) Sees Significant Decline in Short Interest

AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 12,125 shares, a decrease of 50.1% from the September 15th total of 24,295 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 6,597 shares, the short-interest ratio is currently 1.8 days.

AllianzIM U.S. Equity Buffer10 Jun ETF Trading Up 0.4%

JUNT stock opened at $38.90 on Friday. The company’s 50 day moving average is $38.65 and its two-hundred day moving average is $37.95. AllianzIM U.S. Equity Buffer10 Jun ETF has a twelve month low of $34.84 and a twelve month high of $39.96. The stock has a market cap of $118.64 million, a P/E ratio of 25.04 and a beta of 0.52.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer10 Jun ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Focus Financial Network Inc. boosted its stake in AllianzIM U.S. Equity Buffer10 Jun ETF by 7.7% in the second quarter. Focus Financial Network Inc. now owns 6,791 shares of the company’s stock valued at $257,000 after acquiring an additional 488 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of AllianzIM U.S. Equity Buffer10 Jun ETF by 3.5% during the first quarter. Cetera Investment Advisers now owns 51,305 shares of the company’s stock worth $1,844,000 after purchasing an additional 1,725 shares during the last quarter. Jim Saulnier & Associates LLC purchased a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF during the second quarter worth about $204,000. Nvest Financial LLC increased its position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF by 34.5% during the second quarter. Nvest Financial LLC now owns 24,818 shares of the company’s stock worth $938,000 after purchasing an additional 6,366 shares in the last quarter. Finally, First Heartland Consultants Inc. acquired a new stake in shares of AllianzIM U.S. Equity Buffer10 Jun ETF during the second quarter worth about $267,000.

About AllianzIM U.S. Equity Buffer10 Jun ETF

The AllianzIM U.S. Large Cap Buffer10 Jun ETF (JUNT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. JUNT was launched on May 31, 2023 and is managed by Allianz.