AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) Sees Large Drop in Short Interest

AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) saw a significant decline in short interest in October. As of October 30th, there was short interest totaling 2,391 shares, a decline of 85.8% from the October 15th total of 16,855 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 19,582 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JUNT. Blue Bell Private Wealth Management LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer10 Jun ETF in the third quarter worth $137,000. Mosley Wealth Management grew its position in AllianzIM U.S. Equity Buffer10 Jun ETF by 25.1% during the third quarter. Mosley Wealth Management now owns 4,292 shares of the company’s stock worth $167,000 after buying an additional 861 shares in the last quarter. Jim Saulnier & Associates LLC purchased a new position in AllianzIM U.S. Equity Buffer10 Jun ETF during the second quarter worth about $204,000. Focus Financial Network Inc. grew its position in AllianzIM U.S. Equity Buffer10 Jun ETF by 7.7% during the second quarter. Focus Financial Network Inc. now owns 6,791 shares of the company’s stock worth $257,000 after buying an additional 488 shares in the last quarter. Finally, First Heartland Consultants Inc. bought a new position in AllianzIM U.S. Equity Buffer10 Jun ETF in the 2nd quarter worth about $267,000.

AllianzIM U.S. Equity Buffer10 Jun ETF Trading Up 1.0%

Shares of BATS:JUNT opened at $38.43 on Thursday. The company has a 50 day moving average of $38.58 and a 200 day moving average of $37.67. The stock has a market cap of $113.37 million, a P/E ratio of 25.04 and a beta of 0.53. AllianzIM U.S. Equity Buffer10 Jun ETF has a 12 month low of $34.84 and a 12 month high of $39.96.

About AllianzIM U.S. Equity Buffer10 Jun ETF

The AllianzIM U.S. Large Cap Buffer10 Jun ETF (JUNT) 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 specific holdings period. The actively managed fund holds options and collateral. JUNT was launched on May 31, 2023 and is managed by Allianz.