AllianzIM U.S. Equity Buffer10 Aug ETF (BATS:AUGT) Sees Large Drop in Short Interest

AllianzIM U.S. Equity Buffer10 Aug ETF (BATS:AUGT) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,559 shares, a decrease of 65.4% from the September 15th total of 10,285 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 414 shares, the short-interest ratio is presently 8.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer10 Aug ETF in the 2nd quarter worth approximately $228,000. Nvest Financial LLC increased its stake in AllianzIM U.S. Equity Buffer10 Aug ETF by 2.0% during the 2nd quarter. Nvest Financial LLC now owns 15,109 shares of the company’s stock valued at $575,000 after purchasing an additional 292 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its stake in AllianzIM U.S. Equity Buffer10 Aug ETF by 12.3% during the 1st quarter. Kestra Advisory Services LLC now owns 29,552 shares of the company’s stock valued at $1,030,000 after purchasing an additional 3,234 shares in the last quarter. Institutional investors own 1.23% of the company’s stock.

AllianzIM U.S. Equity Buffer10 Aug ETF Price Performance

BATS AUGT opened at $39.72 on Tuesday. The stock has a market capitalization of $30.58 million, a PE ratio of -209.05 and a beta of 0.65. AllianzIM U.S. Equity Buffer10 Aug ETF has a 1 year low of $34.17 and a 1 year high of $40.57. The business’s 50-day moving average is $39.26 and its 200 day moving average is $38.02.

About AllianzIM U.S. Equity Buffer10 Aug ETF

The AllianzIM U.S. Large Cap Buffer10 Aug ETF (AUGT) 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 SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. AUGT was launched on Jul 31, 2023 and is issued by Allianz.