AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (BATS:SIXZ) Sees Large Decline in Short Interest

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (BATS:SIXZ) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 3,926 shares, a decline of 52.9% from the August 15th total of 8,338 shares. Based on an average daily trading volume, of 4,057 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are short sold.

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF Stock Performance

Shares of SIXZ opened at $32.11 on Wednesday. The firm has a market cap of $63.58 million, a PE ratio of 24.45 and a beta of 0.50. The firm’s 50 day moving average price is $31.96 and its 200 day moving average price is $30.99. AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF has a twelve month low of $28.62 and a twelve month high of $32.38.

About AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF

The AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF (SIXZ) is an exchange-traded fund that mostly invests in large cap equity. 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. SIXZ was launched on Apr 30, 2024 and is issued by Allianz.