AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) Sees Significant Growth in Short Interest

AllianzIM U.S. Equity Buffer10 Oct ETF (BATS:OCTT) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,226 shares, an increase of 432.2% from the September 30th total of 794 shares. Based on an average daily trading volume, of 27,188 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

AllianzIM U.S. Equity Buffer10 Oct ETF Stock Performance

Shares of BATS OCTT opened at $48.91 on Thursday. The company has a market cap of $58.69 million, a PE ratio of 23.90 and a beta of 0.59. The business has a 50-day simple moving average of $48.33 and a two-hundred day simple moving average of $45.89. AllianzIM U.S. Equity Buffer10 Oct ETF has a fifty-two week low of $41.51 and a fifty-two week high of $49.18.

AllianzIM U.S. Equity 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.