AllianzIM U.S. Equity Buffer20 Jan ETF (BATS:JANW) Sees Significant Decrease in Short Interest

AllianzIM U.S. Equity Buffer20 Jan ETF (BATS:JANW) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,210 shares, a decline of 40.0% from the September 30th total of 8,679 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 21,038 shares, the days-to-cover ratio is presently 0.2 days.

AllianzIM U.S. Equity Buffer20 Jan ETF Stock Performance

Shares of BATS:JANW opened at $39.59 on Friday. The stock’s 50-day simple moving average is $39.57 and its two-hundred day simple moving average is $38.33. AllianzIM U.S. Equity Buffer20 Jan ETF has a 52-week low of $35.89 and a 52-week high of $39.86. The stock has a market capitalization of $353.54 million, a price-to-earnings ratio of 24.87 and a beta of 0.34.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Blue Bell Private Wealth Management LLC acquired a new stake in shares of AllianzIM U.S. Equity Buffer20 Jan ETF in the 3rd quarter worth $743,000. Mosley Wealth Management lifted its stake in shares of AllianzIM U.S. Equity Buffer20 Jan ETF by 29.1% in the 3rd quarter. Mosley Wealth Management now owns 19,935 shares of the company’s stock worth $793,000 after acquiring an additional 4,497 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of AllianzIM U.S. Equity Buffer20 Jan ETF by 3.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 66,305 shares of the company’s stock worth $2,623,000 after acquiring an additional 2,296 shares in the last quarter. Finally, Compass Financial Management LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer20 Jan ETF in the second quarter valued at $242,000.

About AllianzIM U.S. Equity Buffer20 Jan ETF

The AllianzIM U.S. Large Cap Buffer20 Jan ETF (JANW) 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. JANW was launched on Dec 31, 2020 and is managed by Allianz.