AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) Short Interest Up 118.4% in August

AllianzIM U.S. Equity Buffer10 Nov ETF (BATS:NVBT) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 107 shares, a growth of 118.4% from the August 15th total of 49 shares. Based on an average trading volume of 1,366 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

AllianzIM U.S. Equity Buffer10 Nov ETF Stock Performance

Shares of BATS NVBT opened at $40.60 on Monday. AllianzIM U.S. Equity Buffer10 Nov ETF has a 52-week low of $35.05 and a 52-week high of $40.87. The firm has a market capitalization of $30.45 million, a price-to-earnings ratio of 24.89 and a beta of 0.64. The stock has a 50 day moving average price of $40.20 and a 200 day moving average price of $38.78.

About AllianzIM U.S. Equity Buffer10 Nov ETF

The Allianzim U.S. Large Cap Buffer10 Nov ETF (NVBT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the S&P 500 index over a specific holdings period. The actively-managed fund holds options and collateral. NVBT was launched on Oct 31, 2022 and is managed by Allianz.