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

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 7,455 shares, an increase of 397.0% from the May 31st total of 1,500 shares. Based on an average daily trading volume, of 6,868 shares, the short-interest ratio is presently 1.1 days. Currently, 1.0% of the company’s shares are sold short.

Institutional Trading of AllianzIM U.S. Equity Buffer15 Uncapped May ETF

A number of institutional investors and hedge funds have recently bought and sold shares of MAYU. Allianz Investment Management LLC bought a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter worth $5,453,000. Allianz SE acquired a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter worth about $3,238,000. Stephens Inc. AR grew its position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 0.7% in the 4th quarter. Stephens Inc. AR now owns 80,634 shares of the company’s stock valued at $2,540,000 after buying an additional 546 shares during the last quarter. World Investment Advisors bought a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at about $990,000. Finally, LPL Financial LLC increased its stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 89.6% in the fourth quarter. LPL Financial LLC now owns 17,631 shares of the company’s stock valued at $555,000 after buying an additional 8,333 shares during the period.

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

MAYU opened at $33.26 on Friday. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a fifty-two week low of $28.65 and a fifty-two week high of $37.23. The company’s 50 day moving average price is $33.70 and its two-hundred day moving average price is $32.16.

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.