AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) Stock Short Interest Climbs 7,588.5%

AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 3,998 shares, an increase of 7,588.5% from the October 15th total of 52 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 6,737 shares, the short-interest ratio is presently 0.6 days.

AllianzIM U.S. Equity Buffer10 Nov ETF Trading Up 0.9%

BATS:NVBT opened at $40.42 on Thursday. The stock has a market cap of $29.30 million, a P/E ratio of 24.89 and a beta of 0.65. The stock has a 50 day simple moving average of $40.71 and a 200 day simple moving average of $39.03. AllianzIM U.S. Equity Buffer10 Nov ETF has a 1-year low of $35.05 and a 1-year high of $41.40.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer10 Nov ETF

A hedge fund recently bought a new position in AllianzIM U.S. Equity Buffer10 Nov ETF stock. Harbour Investments Inc. acquired a new stake in AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 7,616 shares of the company’s stock, valued at approximately $310,000. Harbour Investments Inc. owned 1.05% of AllianzIM U.S. Equity Buffer10 Nov ETF as of its most recent SEC filing.

AllianzIM U.S. Equity Buffer10 Nov ETF Company Profile

The Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the S&P 500 index over a specific holdings period. The actively-managed fund holds options and collateral. NVBT was launched on Oct 31, 2022 and is managed by Allianz.