AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (BATS:NVBU) Shares Shorted: Short Interest Down 98.7% in October

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (BATS:NVBU) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 155 shares, a drop of 98.7% from the October 15th total of 12,059 shares. Based on an average daily volume of 7,848 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

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

NVBU stock traded down $0.14 during midday trading on Tuesday, reaching $30.49. 24,571 shares of the company’s stock traded hands, compared to its average volume of 5,244. The firm’s fifty day moving average price is $31.21 and its 200-day moving average price is $30.31. AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF has a 52 week low of $27.75 and a 52 week high of $31.82.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC raised its position in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF by 95.4% in the 1st quarter. Kestra Advisory Services LLC now owns 9,515 shares of the company’s stock valued at $268,000 after buying an additional 4,645 shares during the last quarter. Money Concepts Capital Corp bought a new position in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF during the 3rd quarter valued at $340,000. Finally, Commonwealth Equity Services LLC bought a new position in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF during the 3rd quarter valued at $549,000.

About AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF

The AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (NVBU) 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 NVBU was launched on Oct 31, 2024 and is issued by Allianz.