AllianzIM Buffer20 Allocation ETF (NYSEARCA:SPBW) Sees Significant Growth in Short Interest

AllianzIM Buffer20 Allocation ETF (NYSEARCA:SPBW) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 39,671 shares, an increase of 128.3% from the November 30th total of 17,374 shares. Currently, 2.6% of the company’s shares are sold short. Based on an average daily volume of 7,481 shares, the days-to-cover ratio is currently 5.3 days. Based on an average daily volume of 7,481 shares, the days-to-cover ratio is currently 5.3 days. Currently, 2.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AllianzIM Buffer20 Allocation ETF stock. Huntington National Bank lifted its holdings in AllianzIM Buffer20 Allocation ETF (NYSEARCA:SPBW) by 54.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,809 shares of the company’s stock after acquiring an additional 17,659 shares during the period. Huntington National Bank owned approximately 3.32% of AllianzIM Buffer20 Allocation ETF worth $1,339,000 as of its most recent SEC filing.

AllianzIM Buffer20 Allocation ETF Stock Up 0.0%

Shares of NYSEARCA SPBW opened at $27.47 on Friday. The stock has a market capitalization of $41.21 million, a PE ratio of 24.62 and a beta of 0.31. The firm has a fifty day moving average of $27.14 and a 200-day moving average of $26.65. AllianzIM Buffer20 Allocation ETF has a 52-week low of $22.95 and a 52-week high of $27.49.

About AllianzIM Buffer20 Allocation ETF

The AllianzIM Buffer20 Allocation ETF (SPBW) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of 12 AllianzIM US Large Cap Buffer20 ETFs. SPBW was launched on Jan 7, 2025 and is issued by Allianz.