AllianzIM U.S. Equity Buffer10 Mar ETF (BATS:MART) Sees Significant Decline in Short Interest

AllianzIM U.S. Equity Buffer10 Mar ETF (BATS:MART) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 2,780 shares, a decline of 73.6% from the September 15th total of 10,539 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 973 shares, the days-to-cover ratio is presently 2.9 days.

Institutional Trading of AllianzIM U.S. Equity Buffer10 Mar ETF

A hedge fund recently raised its stake in AllianzIM U.S. Equity Buffer10 Mar ETF stock. Envestnet Asset Management Inc. increased its stake in shares of AllianzIM U.S. Equity Buffer10 Mar ETF (BATS:MART) by 14.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,213 shares of the company’s stock after purchasing an additional 1,903 shares during the period. Envestnet Asset Management Inc. owned 2.08% of AllianzIM U.S. Equity Buffer10 Mar ETF worth $638,000 as of its most recent filing with the Securities & Exchange Commission.

AllianzIM U.S. Equity Buffer10 Mar ETF Stock Performance

BATS:MART opened at $43.48 on Tuesday. The company has a fifty day moving average of $42.95 and a two-hundred day moving average of $41.77. The stock has a market capitalization of $31.74 million, a PE ratio of 24.60 and a beta of 0.60. AllianzIM U.S. Equity Buffer10 Mar ETF has a fifty-two week low of $37.33 and a fifty-two week high of $43.49.

About AllianzIM U.S. Equity Buffer10 Mar ETF

The AllianzIM U.S. Large Cap Buffer10 Mar ETF (MART) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the S&P 500 index over a specific holdings period. The actively managed fund holds options and collateral MART was launched on Feb 28, 2023 and is managed by Allianz.