AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) Shares Shorted: Short Interest Up 4,329.5% in October

AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 4,961 shares, an increase of 4,329.5% from the October 15th total of 112 shares. Based on an average daily volume of 22,693 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of AllianzIM U.S. Equity Buffer20 Nov ETF

Large investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of AllianzIM U.S. Equity Buffer20 Nov ETF by 1.7% in the third quarter. Farther Finance Advisors LLC now owns 18,187 shares of the company’s stock worth $664,000 after buying an additional 301 shares during the period. Blue Bell Private Wealth Management LLC acquired a new position in AllianzIM U.S. Equity Buffer20 Nov ETF during the third quarter valued at $73,000. Finally, Harbour Investments Inc. acquired a new position in AllianzIM U.S. Equity Buffer20 Nov ETF during the third quarter valued at $1,088,000.

AllianzIM U.S. Equity Buffer20 Nov ETF Trading Up 0.6%

Shares of NVBW opened at $37.01 on Thursday. AllianzIM U.S. Equity Buffer20 Nov ETF has a 1-year low of $32.83 and a 1-year high of $37.24. The business’s 50-day moving average price is $36.68 and its 200 day moving average price is $35.36. The stock has a market capitalization of $107.33 million, a P/E ratio of 24.91 and a beta of 0.40.

About AllianzIM U.S. Equity Buffer20 Nov ETF

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.