AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (BATS:FLAO) Sees Significant Growth in Short Interest

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (BATS:FLAO) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 340 shares. Based on an average daily trading volume, of 1,182 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF Stock Performance

Shares of BATS:FLAO opened at $28.68 on Monday. AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF has a 1 year low of $26.58 and a 1 year high of $29.04. The business has a fifty day moving average price of $28.76 and a two-hundred day moving average price of $28.34.

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF Company Profile

The AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) 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 six-month period. The actively managed fund holds options and collateral. FLAO was launched on Mar 28, 2024 and is issued by Allianz.