AllianzIM U.S. Equity Buffer20 Jan ETF (BATS:JANW) Sees Large Growth in Short Interest

AllianzIM U.S. Equity Buffer20 Jan ETF (BATS:JANW) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 11,444 shares, an increase of 119.7% from the October 15th total of 5,210 shares. Based on an average daily volume of 247,450 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its position in AllianzIM U.S. Equity Buffer20 Jan ETF by 3.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 66,305 shares of the company’s stock valued at $2,623,000 after buying an additional 2,296 shares during the last quarter. Mosley Wealth Management boosted its position in AllianzIM U.S. Equity Buffer20 Jan ETF by 29.1% during the 3rd quarter. Mosley Wealth Management now owns 19,935 shares of the company’s stock worth $793,000 after acquiring an additional 4,497 shares during the last quarter. Compass Financial Management LLC acquired a new position in AllianzIM U.S. Equity Buffer20 Jan ETF during the 2nd quarter worth approximately $242,000. Blue Bell Private Wealth Management LLC acquired a new position in AllianzIM U.S. Equity Buffer20 Jan ETF during the 3rd quarter worth approximately $743,000. Finally, Harbour Investments Inc. bought a new position in shares of AllianzIM U.S. Equity Buffer20 Jan ETF during the 3rd quarter worth approximately $1,807,000.

AllianzIM U.S. Equity Buffer20 Jan ETF Stock Performance

JANW stock traded down $0.02 during mid-day trading on Friday, hitting $39.72. 8,300 shares of the company were exchanged, compared to its average volume of 37,126. The firm has a market cap of $256.19 million, a P/E ratio of 24.87 and a beta of 0.36. The firm’s 50 day simple moving average is $39.61 and its 200 day simple moving average is $38.45. AllianzIM U.S. Equity Buffer20 Jan ETF has a 1-year low of $35.89 and a 1-year high of $39.88.

AllianzIM U.S. Equity Buffer20 Jan ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Jan ETF (JANW) 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 S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. JANW was launched on Dec 31, 2020 and is managed by Allianz.