AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) Sees Large Increase in Short Interest

AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 24,295 shares, an increase of 105.8% from the August 31st total of 11,803 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 7,131 shares, the short-interest ratio is presently 3.4 days.

AllianzIM U.S. Equity Buffer10 Jun ETF Stock Performance

Shares of AllianzIM U.S. Equity Buffer10 Jun ETF stock opened at $38.54 on Wednesday. AllianzIM U.S. Equity Buffer10 Jun ETF has a 1 year low of $34.84 and a 1 year high of $39.96. The company has a market capitalization of $117.55 million, a P/E ratio of 25.04 and a beta of 0.52. The company’s fifty day moving average is $38.41 and its two-hundred day moving average is $37.71.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer10 Jun ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer10 Jun ETF during the second quarter worth approximately $425,000. Nvest Financial LLC lifted its holdings in shares of AllianzIM U.S. Equity Buffer10 Jun ETF by 34.5% during the second quarter. Nvest Financial LLC now owns 24,818 shares of the company’s stock worth $938,000 after purchasing an additional 6,366 shares during the period. Jim Saulnier & Associates LLC purchased a new position in AllianzIM U.S. Equity Buffer10 Jun ETF in the 2nd quarter valued at $204,000. SMART Wealth LLC purchased a new position in AllianzIM U.S. Equity Buffer10 Jun ETF in the 2nd quarter valued at $2,828,000. Finally, Focus Financial Network Inc. increased its stake in AllianzIM U.S. Equity Buffer10 Jun ETF by 7.7% in the 2nd quarter. Focus Financial Network Inc. now owns 6,791 shares of the company’s stock valued at $257,000 after buying an additional 488 shares during the period.

About AllianzIM U.S. Equity Buffer10 Jun ETF

The AllianzIM U.S. Large Cap Buffer10 Jun ETF (JUNT) 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. JUNT was launched on May 31, 2023 and is managed by Allianz.