AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) Stock Short Interest Jumps 105.8%

AllianzIM U.S. Equity Buffer10 Jun ETF (BATS:JUNT) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 24,295 shares, an increase of 105.8% from the August 31st total of 11,803 shares. Based on an average daily volume of 7,131 shares, the short-interest ratio is presently 3.4 days. Approximately 0.8% of the company’s stock are short sold.

AllianzIM U.S. Equity Buffer10 Jun ETF Price Performance

AllianzIM U.S. Equity Buffer10 Jun ETF stock opened at $38.59 on Tuesday. AllianzIM U.S. Equity Buffer10 Jun ETF has a 12-month low of $34.84 and a 12-month high of $39.96. The company has a market capitalization of $117.70 million, a price-to-earnings ratio of 25.04 and a beta of 0.52. The firm’s fifty day moving average price is $38.40 and its 200 day moving average price is $37.69.

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

A number of hedge funds and other institutional investors have recently modified their holdings of JUNT. Jim Saulnier & Associates LLC acquired a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF in the second quarter worth about $204,000. Focus Financial Network Inc. increased its holdings in AllianzIM U.S. Equity Buffer10 Jun ETF by 7.7% during the 2nd quarter. Focus Financial Network Inc. now owns 6,791 shares of the company’s stock worth $257,000 after purchasing an additional 488 shares during the last quarter. First Heartland Consultants Inc. acquired a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF in the 2nd quarter valued at approximately $267,000. Citadel Advisors LLC purchased a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF during the 2nd quarter valued at approximately $425,000. Finally, Avise Financial Cooperative Inc. purchased a new position in shares of AllianzIM U.S. Equity Buffer10 Jun ETF during the 4th quarter valued at approximately $518,000.

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.