iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) Short Interest Up 129.7% in July

iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 93,236 shares, an increase of 129.7% from the June 30th total of 40,587 shares. Based on an average daily volume of 110,446 shares, the short-interest ratio is presently 0.8 days. Currently, 2.3% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Large Cap Max Buffer Jun ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. acquired a new position in iShares Large Cap Max Buffer Jun ETF in the 4th quarter valued at $25,000. Advisory Services Network LLC acquired a new stake in shares of iShares Large Cap Max Buffer Jun ETF during the 3rd quarter worth $40,000. EFG International AG bought a new position in shares of iShares Large Cap Max Buffer Jun ETF in the fourth quarter worth $74,000. Geneos Wealth Management Inc. increased its position in shares of iShares Large Cap Max Buffer Jun ETF by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,507 shares of the company’s stock worth $96,000 after purchasing an additional 2,338 shares during the period. Finally, Sigma Planning Corp acquired a new position in iShares Large Cap Max Buffer Jun ETF in the first quarter valued at about $251,000.

iShares Large Cap Max Buffer Jun ETF Trading Down 0.2%

BATS MAXJ opened at $29.08 on Thursday. iShares Large Cap Max Buffer Jun ETF has a 1-year low of $27.53 and a 1-year high of $29.26. The company has a 50 day moving average of $29.08 and a 200-day moving average of $28.66.

About iShares Large Cap Max Buffer Jun ETF

The iShares Large Cap Max Buffer Jun ETF (MAXJ) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to track the price return of the iShares Core S&P 500 ETF (IVV) up to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund obtains exposure by holding IVV shares and options. MAXJ was launched on Jun 28, 2024 and is issued by BlackRock.