AllianzIM U.S. Equity Buffer20 Jun ETF (BATS:JUNW) Sees Large Growth in Short Interest

AllianzIM U.S. Equity Buffer20 Jun ETF (BATS:JUNW) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 11,120 shares, a growth of 117.0% from the October 15th total of 5,124 shares. Based on an average daily volume of 22,587 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

AllianzIM U.S. Equity Buffer20 Jun ETF Stock Performance

Shares of JUNW traded down $0.03 during mid-day trading on Friday, reaching $34.79. The company had a trading volume of 16,301 shares, compared to its average volume of 57,976. The firm has a 50-day moving average price of $34.95 and a 200 day moving average price of $34.33. AllianzIM U.S. Equity Buffer20 Jun ETF has a 52 week low of $32.64 and a 52 week high of $36.09. The company has a market capitalization of $377.47 million, a price-to-earnings ratio of 25.08 and a beta of 0.33.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JUNW. Kintra Wealth LLC purchased a new position in AllianzIM U.S. Equity Buffer20 Jun ETF during the second quarter valued at $229,000. Independent Financial Group LLC bought a new stake in AllianzIM U.S. Equity Buffer20 Jun ETF in the first quarter worth $228,000. Mosley Wealth Management grew its stake in shares of AllianzIM U.S. Equity Buffer20 Jun ETF by 278.3% in the third quarter. Mosley Wealth Management now owns 7,857 shares of the company’s stock worth $276,000 after acquiring an additional 5,780 shares during the last quarter. Advus Financial Partners LLC grew its stake in shares of AllianzIM U.S. Equity Buffer20 Jun ETF by 3.9% in the second quarter. Advus Financial Partners LLC now owns 10,756 shares of the company’s stock worth $370,000 after acquiring an additional 400 shares during the last quarter. Finally, Montgomery Financial Services LLC purchased a new stake in shares of AllianzIM U.S. Equity Buffer20 Jun ETF in the second quarter worth $507,000.

AllianzIM U.S. Equity Buffer20 Jun ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Jun ETF (JUNW) 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 specific holdings period. The actively managed fund holds FLEX options and collateral. JUNW was launched on May 31, 2023 and is managed by Allianz.