Short Interest in AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Drops By 79.0%

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,569 shares, a decline of 79.0% from the June 15th total of 7,455 shares. Based on an average daily volume of 6,176 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Arax Advisory Partners bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter worth $452,000. LPL Financial LLC increased its holdings in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 89.6% in the 4th quarter. LPL Financial LLC now owns 17,631 shares of the company’s stock worth $555,000 after buying an additional 8,333 shares during the last quarter. World Investment Advisors purchased a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter valued at about $990,000. Stephens Inc. AR lifted its holdings 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 acquiring an additional 546 shares during the last quarter. Finally, Allianz SE bought a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at about $3,238,000.

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

BATS:MAYU opened at $34.40 on Monday. The business’s 50-day moving average is $33.99 and its 200 day moving average is $32.35. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 12 month low of $29.06 and a 12 month high of $37.23.

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.