AllianzIM Buffer20 Allocation ETF (NYSEARCA:SPBW) Sees Large Increase in Short Interest

AllianzIM Buffer20 Allocation ETF (NYSEARCA:SPBW) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 39,671 shares, a growth of 128.3% from the November 30th total of 17,374 shares. Based on an average daily volume of 7,481 shares, the short-interest ratio is currently 5.3 days. Approximately 2.6% of the shares of the stock are short sold. Approximately 2.6% of the shares of the stock are short sold. Based on an average daily volume of 7,481 shares, the short-interest ratio is currently 5.3 days.

Institutional Trading of AllianzIM Buffer20 Allocation ETF

A hedge fund recently raised its stake in AllianzIM Buffer20 Allocation ETF stock. Huntington National Bank increased its stake in shares of AllianzIM Buffer20 Allocation ETF (NYSEARCA:SPBW) by 54.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,809 shares of the company’s stock after purchasing an additional 17,659 shares during the period. Huntington National Bank owned approximately 3.32% of AllianzIM Buffer20 Allocation ETF worth $1,339,000 as of its most recent SEC filing.

AllianzIM Buffer20 Allocation ETF Stock Performance

SPBW traded up $0.01 during midday trading on Friday, hitting $27.47. The company had a trading volume of 3,049 shares, compared to its average volume of 11,642. AllianzIM Buffer20 Allocation ETF has a twelve month low of $22.95 and a twelve month high of $27.49. The company has a market capitalization of $41.21 million, a PE ratio of 24.62 and a beta of 0.31. The firm’s 50-day simple moving average is $27.14 and its 200-day simple moving average is $26.65.

AllianzIM Buffer20 Allocation ETF Company Profile

The AllianzIM Buffer20 Allocation ETF (SPBW) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of 12 AllianzIM US Large Cap Buffer20 ETFs. SPBW was launched on Jan 7, 2025 and is issued by Allianz.