AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) Sees Significant Decline in Short Interest

AllianzIM U.S. Equity Buffer20 Nov ETF (BATS:NVBW) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 201 shares, a decrease of 95.1% from the August 31st total of 4,064 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,813 shares, the days-to-cover ratio is currently 0.1 days.

AllianzIM U.S. Equity Buffer20 Nov ETF Price Performance

Shares of BATS:NVBW remained flat at $36.57 during midday trading on Thursday. 1,166 shares of the company were exchanged, compared to its average volume of 4,006. The company’s 50 day simple moving average is $36.17 and its two-hundred day simple moving average is $35.26. The stock has a market cap of $96.91 million, a PE ratio of 24.91 and a beta of 0.40. AllianzIM U.S. Equity Buffer20 Nov ETF has a fifty-two week low of $32.83 and a fifty-two week high of $36.65.

AllianzIM U.S. Equity Buffer20 Nov ETF Company Profile

The Allianzim U.S. Large Cap Buffer20 Nov ETF (NVBW) 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. NVBW was launched on Oct 31, 2022 and is managed by Allianz.