AllianzIM U.S. Large Cap Buffer20 Nov ETF (NYSEARCA:NVBW) Sees Significant Drop in Short Interest

AllianzIM U.S. Large Cap Buffer20 Nov ETF (NYSEARCA:NVBW) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 28,041 shares, a decrease of 59.6% from the November 30th total of 69,466 shares. Based on an average daily volume of 10,303 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.7% of the shares of the company are sold short. Currently, 1.7% of the shares of the company are sold short. Based on an average daily volume of 10,303 shares, the days-to-cover ratio is presently 2.7 days.

AllianzIM U.S. Large Cap Buffer20 Nov ETF Trading Up 0.1%

Shares of AllianzIM U.S. Large Cap Buffer20 Nov ETF stock opened at $33.97 on Friday. AllianzIM U.S. Large Cap Buffer20 Nov ETF has a 1 year low of $28.86 and a 1 year high of $35.09. The company’s fifty day simple moving average is $33.54 and its 200-day simple moving average is $32.98. The company has a market cap of $56.73 million, a price-to-earnings ratio of 24.91 and a beta of 0.40.

Hedge Funds Weigh In On AllianzIM U.S. Large Cap Buffer20 Nov ETF

An institutional investor recently bought a new position in AllianzIM U.S. Large Cap Buffer20 Nov ETF stock. OLD Mission Capital LLC acquired a new stake in shares of AllianzIM U.S. Large Cap Buffer20 Nov ETF (NYSEARCA:NVBW) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 38,854 shares of the company’s stock, valued at approximately $1,189,000. OLD Mission Capital LLC owned 1.87% of AllianzIM U.S. Large Cap Buffer20 Nov ETF at the end of the most recent quarter.

About AllianzIM U.S. Large Cap Buffer20 Nov ETF

The Allianzim U.S. Large Cap Buffer20 Nov ETF (NVBW) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. NVBW was launched on Oct 31, 2022 and is managed by Allianz.