AllianzIM U.S. Equity Buffer20 Jun ETF (BATS:JUNW) Sees Large Growth in Short Interest

AllianzIM U.S. Equity Buffer20 Jun ETF (BATS:JUNW) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 11,120 shares, an increase of 117.0% from the October 15th total of 5,124 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 22,587 shares, the days-to-cover ratio is currently 0.5 days.

AllianzIM U.S. Equity Buffer20 Jun ETF Stock Performance

JUNW stock traded down $0.03 on Friday, reaching $34.79. The company’s stock had a trading volume of 16,301 shares, compared to its average volume of 57,976. The business has a fifty day simple moving average of $34.95 and a two-hundred day simple moving average of $34.33. AllianzIM U.S. Equity Buffer20 Jun ETF has a 12-month low of $32.64 and a 12-month high of $36.09. The firm has a market cap of $377.47 million, a PE ratio of 25.08 and a beta of 0.33.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Independent Financial Group LLC bought a new stake in shares of AllianzIM U.S. Equity Buffer20 Jun ETF during the 1st quarter valued at about $228,000. Kintra Wealth LLC bought a new position in AllianzIM U.S. Equity Buffer20 Jun ETF in the second quarter worth about $229,000. Mosley Wealth Management raised its stake in AllianzIM U.S. Equity Buffer20 Jun ETF by 278.3% in the third quarter. Mosley Wealth Management now owns 7,857 shares of the company’s stock worth $276,000 after buying an additional 5,780 shares in the last quarter. Advus Financial Partners LLC raised its stake in AllianzIM U.S. Equity Buffer20 Jun ETF by 3.9% in the second quarter. Advus Financial Partners LLC now owns 10,756 shares of the company’s stock worth $370,000 after buying an additional 400 shares in the last quarter. Finally, Montgomery Financial Services LLC purchased a new stake in AllianzIM U.S. Equity Buffer20 Jun ETF in the second quarter worth about $507,000.

AllianzIM U.S. Equity Buffer20 Jun ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Jun ETF (JUNW) 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 FLEX options and collateral. JUNW was launched on May 31, 2023 and is managed by Allianz.