AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (BATS:NVBU) Sees Significant Increase in Short Interest

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (BATS:NVBU) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 24,716 shares, an increase of 109.8% from the June 30th total of 11,782 shares. Based on an average daily volume of 867 shares, the short-interest ratio is presently 28.5 days. Currently, 1.7% of the company’s shares are sold short.

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

Shares of BATS NVBU opened at $30.45 on Tuesday. AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF has a 1 year low of $26.61 and a 1 year high of $31.32. The firm’s 50-day moving average is $30.78 and its 200-day moving average is $29.73.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC raised its position in shares of AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF by 95.4% during the 1st quarter. Kestra Advisory Services LLC now owns 9,515 shares of the company’s stock valued at $268,000 after acquiring an additional 4,645 shares during the last quarter. Stephens Inc. AR grew its stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF by 10.2% during the first quarter. Stephens Inc. AR now owns 156,146 shares of the company’s stock worth $4,397,000 after purchasing an additional 14,500 shares during the period. Cetera Investment Advisers acquired a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF during the fourth quarter worth $321,000. Arax Advisory Partners bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF in the fourth quarter valued at about $475,000. Finally, Allianz SE bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF in the fourth quarter valued at about $2,599,000.

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

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.