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

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (BATS:SIXZ) saw a large decline in short interest during the month of 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 trading volume of 4,057 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the stock are short sold.

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

Shares of BATS:SIXZ opened at $32.22 on Tuesday. The firm has a market capitalization of $63.80 million, a PE ratio of 24.45 and a beta of 0.50. AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF has a 52-week low of $28.62 and a 52-week high of $32.38. The firm has a fifty day moving average of $31.95 and a 200 day moving average of $30.97.

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.