AllianzIM U.S. Equity Buffer20 Sep ETF (BATS:SEPW) Stock Short Interest Rises 435.5%

AllianzIM U.S. Equity Buffer20 Sep ETF (BATS:SEPW) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 117,990 shares, a growth of 435.5% from the August 31st total of 22,035 shares. Approximately 3.7% of the company’s stock are sold short. Based on an average daily volume of 90,978 shares, the short-interest ratio is currently 1.3 days.

AllianzIM U.S. Equity Buffer20 Sep ETF Price Performance

BATS SEPW opened at $34.01 on Friday. AllianzIM U.S. Equity Buffer20 Sep ETF has a fifty-two week low of $31.08 and a fifty-two week high of $34.71. The stock’s 50-day moving average is $33.78 and its two-hundred day moving average is $33.11. The firm has a market cap of $107.13 million, a P/E ratio of 24.33 and a beta of 0.39.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Allianz Investment Management LLC bought a new stake in shares of AllianzIM U.S. Equity Buffer20 Sep ETF during the 4th quarter worth approximately $3,732,000. Elevated Capital Advisors LLC grew its stake in shares of AllianzIM U.S. Equity Buffer20 Sep ETF by 521.3% in the first quarter. Elevated Capital Advisors LLC now owns 136,529 shares of the company’s stock valued at $4,313,000 after buying an additional 114,556 shares in the last quarter. Outlook Wealth Advisors LLC grew its stake in shares of AllianzIM U.S. Equity Buffer20 Sep ETF by 93.7% in the fourth quarter. Outlook Wealth Advisors LLC now owns 235,918 shares of the company’s stock valued at $7,530,000 after buying an additional 114,092 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in AllianzIM U.S. Equity Buffer20 Sep ETF by 59.9% during the first quarter. Kestra Advisory Services LLC now owns 76,128 shares of the company’s stock worth $2,405,000 after buying an additional 28,516 shares during the last quarter. Finally, World Investment Advisors acquired a new position in AllianzIM U.S. Equity Buffer20 Sep ETF during the fourth quarter worth $862,000.

AllianzIM U.S. Equity Buffer20 Sep ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Sep ETF (SEPW) 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 one-year holding period. The actively managed fund holds options and collateral. SEPW was launched on Aug 31, 2023 and is issued by Allianz.