AllianzIM U.S. Equity Buffer20 Oct ETF (BATS:OCTW) Shares Shorted: Short Interest Up 74.6% in September

AllianzIM U.S. Equity Buffer20 Oct ETF (BATS:OCTW) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,850 shares, an increase of 74.6% from the September 15th total of 2,205 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 32,173 shares, the days-to-cover ratio is currently 0.1 days.

AllianzIM U.S. Equity Buffer20 Oct ETF Stock Performance

Shares of BATS:OCTW opened at $42.15 on Thursday. The company has a 50-day simple moving average of $41.84 and a 200-day simple moving average of $40.92. AllianzIM U.S. Equity Buffer20 Oct ETF has a one year low of $37.89 and a one year high of $42.47. The stock has a market capitalization of $328.77 million, a price-to-earnings ratio of 24.41 and a beta of 0.30.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in AllianzIM U.S. Equity Buffer20 Oct ETF stock. FreeGulliver LLC bought a new stake in AllianzIM U.S. Equity Buffer20 Oct ETF (BATS:OCTW) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,938 shares of the company’s stock, valued at approximately $382,000. FreeGulliver LLC owned 0.07% of AllianzIM U.S. Equity Buffer20 Oct ETF at the end of the most recent quarter.

AllianzIM U.S. Equity Buffer20 Oct ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Oct ETF (OCTW) 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. OCTW was launched on Sep 30, 2020 and is managed by Allianz.