AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Sees Significant Decline in Short Interest

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,500 shares, a decrease of 94.6% from the May 14th total of 27,654 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 23,838 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped May ETF

A number of institutional investors have recently bought and sold shares of MAYU. World Investment Advisors acquired a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth approximately $990,000. Allianz Investment Management LLC purchased a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth approximately $5,453,000. Allianz SE acquired a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at $3,238,000. LPL Financial LLC boosted its holdings in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 89.6% in the 4th quarter. LPL Financial LLC now owns 17,631 shares of the company’s stock valued at $555,000 after purchasing an additional 8,333 shares during the last quarter. Finally, Arax Advisory Partners purchased a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter valued at $452,000.

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

Shares of BATS:MAYU opened at $33.45 on Thursday. The stock’s 50-day moving average price is $32.95 and its two-hundred day moving average price is $31.94. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 12-month low of $27.97 and a 12-month high of $37.23.

About AllianzIM U.S. Equity Buffer15 Uncapped May ETF

The AllianzIM U.S. Equity Buffer15 Uncapped May ETF (MAYU) 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. MAYU was launched on Apr 30, 2024 and is issued by Allianz.