AllianzIM U.S. Equity Buffer20 Oct ETF (BATS:OCTW) Shares Shorted: Short Interest Up 74.6% in September

AllianzIM U.S. Equity Buffer20 Oct ETF (BATS:OCTW) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 3,850 shares, a growth of 74.6% from the September 15th total of 2,205 shares. Based on an average daily volume of 32,173 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

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

A hedge fund recently bought a new position in AllianzIM U.S. Equity Buffer20 Oct ETF stock. FreeGulliver LLC purchased a new position in AllianzIM U.S. Equity Buffer20 Oct ETF (BATS:OCTW) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,938 shares of the company’s stock, valued at approximately $382,000. FreeGulliver LLC owned approximately 0.07% of AllianzIM U.S. Equity Buffer20 Oct ETF as of its most recent SEC filing.

AllianzIM U.S. Equity Buffer20 Oct ETF Trading Down 0.5%

OCTW traded down $0.21 on Friday, hitting $42.03. 19,866 shares of the company’s stock traded hands, compared to its average volume of 58,488. The company’s 50 day simple moving average is $41.87 and its 200-day simple moving average is $40.96. The firm has a market cap of $327.83 million, a price-to-earnings ratio of 24.41 and a beta of 0.30. AllianzIM U.S. Equity Buffer20 Oct ETF has a one year low of $37.89 and a one year high of $42.47.

AllianzIM U.S. Equity Buffer20 Oct ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Oct ETF (OCTW) 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. OCTW was launched on Sep 30, 2020 and is managed by Allianz.