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

AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,064 shares, an increase of 847.3% from the August 15th total of 429 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 726 shares, the short-interest ratio is presently 5.6 days.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer20 Nov ETF

An institutional investor recently bought a new stake in AllianzIM U.S. Equity Buffer20 Nov ETF stock. JPMorgan Chase & Co. purchased a new position in AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,729 shares of the company’s stock, valued at approximately $424,000. JPMorgan Chase & Co. owned approximately 0.76% of AllianzIM U.S. Equity Buffer20 Nov ETF as of its most recent filing with the Securities & Exchange Commission.

AllianzIM U.S. Equity Buffer20 Nov ETF Trading Down 0.2%

BATS NVBW traded down $0.08 during trading hours on Thursday, reaching $36.25. 1,934 shares of the company traded hands, compared to its average volume of 3,994. AllianzIM U.S. Equity Buffer20 Nov ETF has a 12 month low of $32.83 and a 12 month high of $36.48. The stock has a market capitalization of $96.06 million, a PE ratio of 24.91 and a beta of 0.40. The company has a 50 day moving average of $36.03 and a two-hundred day moving average of $35.10.

AllianzIM U.S. Equity Buffer20 Nov ETF Company Profile

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.