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

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 27,654 shares, an increase of 563.2% from the April 30th total of 4,170 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily volume of 53,959 shares, the days-to-cover ratio is presently 0.5 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. World Investment Advisors acquired a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter valued at about $990,000. NBZ Investment Advisors LLC acquired a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the third quarter valued at about $28,000. Allianz SE acquired a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth about $3,238,000. LPL Financial LLC grew its position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 89.6% during the fourth quarter. LPL Financial LLC now owns 17,631 shares of the company’s stock worth $555,000 after buying an additional 8,333 shares in the last quarter. Finally, Arax Advisory Partners acquired a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth about $452,000.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Stock Up 0.1%

Shares of BATS:MAYU opened at $34.27 on Thursday. The stock’s 50-day moving average is $32.12 and its 200-day moving average is $31.72. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 52-week low of $27.74 and a 52-week high of $37.23.

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.