AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) Shares Shorted: Short Interest Up 7,588.5% in October

AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 3,998 shares, an increase of 7,588.5% from the October 15th total of 52 shares. Based on an average trading volume of 6,737 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.6% of the shares of the stock are short sold.

AllianzIM U.S. Equity Buffer10 Nov ETF Trading Down 0.2%

NVBT opened at $40.07 on Wednesday. AllianzIM U.S. Equity Buffer10 Nov ETF has a 1-year low of $35.05 and a 1-year high of $41.40. The stock has a market capitalization of $29.05 million, a PE ratio of 24.89 and a beta of 0.65. The firm has a 50-day moving average price of $40.71 and a two-hundred day moving average price of $39.01.

Institutional Trading of AllianzIM U.S. Equity Buffer10 Nov ETF

An institutional investor recently bought a new stake in AllianzIM U.S. Equity Buffer10 Nov ETF stock. Harbour Investments Inc. purchased a new stake in AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,616 shares of the company’s stock, valued at approximately $310,000. Harbour Investments Inc. owned approximately 1.05% of AllianzIM U.S. Equity Buffer10 Nov ETF at the end of the most recent reporting period.

About AllianzIM U.S. Equity Buffer10 Nov ETF

The Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust 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. NVBT was launched on Oct 31, 2022 and is managed by Allianz.