AllianzIM U.S. Large Cap Buffer10 Oct ETF (NYSEARCA:OCTT) Short Interest Update

AllianzIM U.S. Large Cap Buffer10 Oct ETF (NYSEARCA:OCTT) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 9,507 shares, a decline of 79.9% from the November 30th total of 47,201 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 3,406 shares, the short-interest ratio is currently 2.8 days. Based on an average trading volume of 3,406 shares, the short-interest ratio is currently 2.8 days. Currently, 0.7% of the shares of the stock are sold short.

AllianzIM U.S. Large Cap Buffer10 Oct ETF Price Performance

NYSEARCA OCTT traded down $0.01 during mid-day trading on Friday, hitting $43.78. The stock had a trading volume of 517 shares, compared to its average volume of 23,441. AllianzIM U.S. Large Cap Buffer10 Oct ETF has a twelve month low of $34.01 and a twelve month high of $43.79. The firm’s 50 day moving average is $43.08 and its 200 day moving average is $41.83. The stock has a market capitalization of $59.10 million, a price-to-earnings ratio of 23.90 and a beta of 0.58.

Institutional Investors Weigh In On AllianzIM U.S. Large Cap Buffer10 Oct ETF

A number of hedge funds and other institutional investors have recently modified their holdings of OCTT. Strategic Blueprint LLC grew its holdings in shares of AllianzIM U.S. Large Cap Buffer10 Oct ETF by 26.9% in the 2nd quarter. Strategic Blueprint LLC now owns 8,465 shares of the company’s stock worth $340,000 after acquiring an additional 1,797 shares during the period. AdvisorNet Financial Inc raised its holdings in AllianzIM U.S. Large Cap Buffer10 Oct ETF by 66.9% during the third quarter. AdvisorNet Financial Inc now owns 1,995 shares of the company’s stock worth $85,000 after purchasing an additional 800 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in AllianzIM U.S. Large Cap Buffer10 Oct ETF by 5.7% during the third quarter. Nations Financial Group Inc. IA ADV now owns 7,360 shares of the company’s stock worth $314,000 after purchasing an additional 396 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in AllianzIM U.S. Large Cap Buffer10 Oct ETF in the third quarter valued at $409,000.

AllianzIM U.S. Large Cap Buffer10 Oct ETF Company Profile

The AllianzIM U.S. Large Cap Buffer10 Oct ETF (OCTT) 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 index over a specific holdings period. The actively-managed fund holds options and collateral. OCTT was launched on Sep 20, 2020 and is managed by Allianz.