AllianzIM U.S. Equity Buffer10 Sep ETF (BATS:SEPT) Shares Shorted: Short Interest Down 91.3% in October

AllianzIM U.S. Equity Buffer10 Sep ETF (BATS:SEPT) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 506 shares, a decline of 91.3% from the October 15th total of 5,796 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,086 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SEPT. Harbour Investments Inc. purchased a new position in shares of AllianzIM U.S. Equity Buffer10 Sep ETF in the 3rd quarter valued at $414,000. Blue Bell Private Wealth Management LLC acquired a new position in shares of AllianzIM U.S. Equity Buffer10 Sep ETF during the 3rd quarter valued at $60,000. Nvest Financial LLC boosted its position in AllianzIM U.S. Equity Buffer10 Sep ETF by 1.4% during the 2nd quarter. Nvest Financial LLC now owns 28,709 shares of the company’s stock worth $1,078,000 after purchasing an additional 410 shares during the period. Cetera Investment Advisers boosted its position in AllianzIM U.S. Equity Buffer10 Sep ETF by 0.7% during the 1st quarter. Cetera Investment Advisers now owns 37,793 shares of the company’s stock worth $1,298,000 after purchasing an additional 274 shares during the period. Finally, FSA Advisors Inc. boosted its position in AllianzIM U.S. Equity Buffer10 Sep ETF by 7.1% during the 1st quarter. FSA Advisors Inc. now owns 25,659 shares of the company’s stock worth $881,000 after purchasing an additional 1,691 shares during the period.

AllianzIM U.S. Equity Buffer10 Sep ETF Stock Performance

Shares of BATS:SEPT opened at $38.22 on Friday. AllianzIM U.S. Equity Buffer10 Sep ETF has a 1 year low of $33.63 and a 1 year high of $38.99. The stock has a market capitalization of $37.26 million, a P/E ratio of 24.57 and a beta of 0.62. The stock has a 50-day simple moving average of $38.44 and a 200-day simple moving average of $37.05.

About AllianzIM U.S. Equity Buffer10 Sep ETF

The AllianzIM U.S. Large Cap Buffer10 Sep ETF (SEPT) 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 one-year holding period. The actively managed fund holds options and collateral. SEPT was launched on Aug 31, 2023 and is issued by Allianz.