Short Interest in AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Increases By 563.2%

by · The Cerbat Gem

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU – Get Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 27,654 shares, a growth of 563.2% from the April 30th total of 4,170 shares. Based on an average daily volume of 53,959 shares, the short-interest ratio is currently 0.5 days. Approximately 3.6% of the shares of the stock are short sold.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Trading Up 0.2%

Shares of MAYU opened at $34.52 on Friday. The stock has a fifty day moving average price of $32.27 and a two-hundred day moving average price of $31.76. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 52-week low of $27.80 and a 52-week high of $37.23.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Allianz Investment Management LLC acquired a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at about $5,453,000. Allianz SE acquired a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth approximately $3,238,000. World Investment Advisors acquired a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth approximately $990,000. Arax Advisory Partners bought a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter valued at approximately $452,000. Finally, LPL Financial LLC grew its stake in shares of 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 valued at $555,000 after purchasing an additional 8,333 shares during the last quarter.

About AllianzIM U.S. Equity Buffer15 Uncapped May ETF

(Get Free Report)

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.

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