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

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 9,740 shares, an increase of 78.2% from the July 30th total of 5,465 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 9.7 days.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Trading Down 0.6%

Shares of BATS:MAYU traded down $0.21 during mid-day trading on Tuesday, reaching $34.46. 1,018 shares of the company traded hands, compared to its average volume of 7,498. The company’s 50 day moving average price is $34.34 and its 200-day moving average price is $33.03. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 52 week low of $29.15 and a 52 week high of $37.23.

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

A number of hedge funds have recently modified their holdings of the company. World Investment Advisors purchased a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter worth $990,000. Stephens Inc. AR boosted its holdings in 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 worth $2,540,000 after buying an additional 546 shares during the period. Allianz Investment Management LLC purchased a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter worth $5,453,000. LPL Financial LLC increased its stake in 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 in the last quarter. Finally, Allianz SE bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter valued at about $3,238,000.

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.