Short Interest in AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Rises By 78.2%

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 9,740 shares, a growth of 78.2% from the July 30th total of 5,465 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 9.7 days.

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

BATS:MAYU opened at $34.78 on Monday. The stock has a 50-day simple moving average of $34.32 and a 200-day simple moving average of $33.01. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 1 year low of $29.15 and a 1 year high of $37.23.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped May ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. World Investment Advisors purchased a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter worth approximately $990,000. Allianz Investment Management LLC purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at $5,453,000. Allianz SE purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at $3,238,000. Arax Advisory Partners acquired a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter worth $452,000. Finally, LPL Financial LLC raised its stake 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 acquiring an additional 8,333 shares in the last quarter.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Company Profile

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.