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

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

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

Shares of BATS MAYU opened at $34.78 on Monday. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 52-week low of $29.15 and a 52-week high of $37.23. The business has a 50-day moving average price of $34.32 and a 200 day moving average price of $33.01.

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

Several large investors have recently modified their holdings of MAYU. World Investment Advisors purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth approximately $990,000. Allianz Investment Management LLC purchased 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 in the fourth quarter valued at $3,238,000. Arax Advisory Partners purchased a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter valued at about $452,000. Finally, LPL Financial LLC boosted 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 worth $555,000 after buying an additional 8,333 shares during the period.

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.