AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (BATS:ARLU) Stock Short Interest Drops 38.9%

AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (BATS:ARLU) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 3,785 shares, a decline of 38.9% from the August 31st total of 6,192 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 4,539 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Walser Wealth Management Company A Ltd Liability Co purchased a new stake in AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF during the 4th quarter valued at $247,000. Independent Financial Group LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF in the first quarter valued at $391,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF by 96.2% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 19,132 shares of the company’s stock worth $549,000 after acquiring an additional 9,383 shares during the last quarter. RFG Advisory LLC lifted its holdings in shares of AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF by 1.4% in the 1st quarter. RFG Advisory LLC now owns 190,292 shares of the company’s stock worth $5,460,000 after acquiring an additional 2,709 shares during the last quarter. Finally, Allianz Investment Management LLC purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF during the 4th quarter worth about $7,324,000.

AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF Price Performance

Shares of BATS:ARLU opened at $32.33 on Friday. The firm has a fifty day simple moving average of $32.41 and a two-hundred day simple moving average of $31.50. AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF has a 52 week low of $27.79 and a 52 week high of $33.06.

About AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

The AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (ARLU) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and uncapped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral. ARLU was launched on Mar 28, 2024 and is issued by Allianz.