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

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 7,019 shares, an increase of 347.4% from the June 30th total of 1,569 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 4,460 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

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

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

BATS MAYU opened at $33.78 on Tuesday. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 1-year low of $29.07 and a 1-year high of $37.23. The business’s 50-day simple moving average is $34.06 and its 200-day simple moving average is $32.53.

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.