Short Interest in AllianzIM U.S. Equity Buffer15 Uncapped June ETF (BATS:JNEU) Increases By 98.2%

AllianzIM U.S. Equity Buffer15 Uncapped June ETF (BATS:JNEU) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 17,250 shares, an increase of 98.2% from the May 31st total of 8,704 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average trading volume of 11,072 shares, the days-to-cover ratio is currently 1.6 days.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped June ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Stephens Inc. AR lifted its position in shares of AllianzIM U.S. Equity Buffer15 Uncapped June ETF by 17.2% during the 4th quarter. Stephens Inc. AR now owns 110,183 shares of the company’s stock valued at $3,340,000 after buying an additional 16,157 shares during the last quarter. Allianz Investment Management LLC purchased a new stake in AllianzIM U.S. Equity Buffer15 Uncapped June ETF in the 4th quarter worth about $6,135,000. OLD Mission Capital LLC bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped June ETF in the 4th quarter valued at about $336,000. MML Investors Services LLC raised its stake in AllianzIM U.S. Equity Buffer15 Uncapped June ETF by 13.0% in the 4th quarter. MML Investors Services LLC now owns 121,145 shares of the company’s stock valued at $3,672,000 after acquiring an additional 13,982 shares during the period. Finally, Arax Advisory Partners bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped June ETF in the 4th quarter valued at about $433,000.

AllianzIM U.S. Equity Buffer15 Uncapped June ETF Price Performance

AllianzIM U.S. Equity Buffer15 Uncapped June ETF stock opened at $33.13 on Wednesday. The firm has a 50 day moving average price of $32.65 and a 200-day moving average price of $31.09. AllianzIM U.S. Equity Buffer15 Uncapped June ETF has a twelve month low of $27.99 and a twelve month high of $33.58.

About AllianzIM U.S. Equity Buffer15 Uncapped June ETF

The AllianzIM U.S. Equity Buffer15 Uncapped June ETF (JNEU) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and uncapped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral JNEU was launched on May 31, 2024 and is issued by Allianz.