AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (BATS:JULU) Sees Significant Decline in Short Interest

AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (BATS:JULU) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 6,754 shares, a drop of 66.7% from the October 15th total of 20,301 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 5,264 shares, the short-interest ratio is currently 1.3 days.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allianz SE purchased a new stake in AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF during the 3rd quarter valued at about $16,448,000. Harbour Investments Inc. purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF in the third quarter worth about $79,000. Kestra Advisory Services LLC lifted its holdings in shares of AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF by 20.2% during the third quarter. Kestra Advisory Services LLC now owns 22,920 shares of the company’s stock worth $743,000 after purchasing an additional 3,852 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF during the third quarter worth about $3,622,000. Finally, Park Avenue Securities LLC purchased a new stake in AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF in the third quarter valued at approximately $585,000.

AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF Trading Down 0.3%

BATS:JULU opened at $32.11 on Friday. AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF has a 12 month low of $28.01 and a 12 month high of $33.04. The firm has a fifty day simple moving average of $32.43 and a 200-day simple moving average of $31.35.

AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF Company Profile

The AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (JULU) 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. JULU was launched on Jun 28, 2024 and is issued by Allianz.