iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) Sees Significant Growth in Short Interest

iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 25,773 shares, a growth of 3,077.9% from the September 15th total of 811 shares. Based on an average trading volume of 29,052 shares, the short-interest ratio is presently 0.9 days. Approximately 0.7% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Kestra Advisory Services LLC raised its stake in iShares Large Cap Max Buffer Sep ETF by 35.3% in the first quarter. Kestra Advisory Services LLC now owns 21,493 shares of the company’s stock valued at $576,000 after purchasing an additional 5,612 shares in the last quarter. Citadel Advisors LLC purchased a new position in iShares Large Cap Max Buffer Sep ETF in the 2nd quarter worth approximately $444,000. Diversify Wealth Management LLC bought a new position in shares of iShares Large Cap Max Buffer Sep ETF in the 1st quarter worth $200,000. Finally, Wedbush Securities Inc. bought a new position in shares of iShares Large Cap Max Buffer Sep ETF in the 2nd quarter worth $201,000.

iShares Large Cap Max Buffer Sep ETF Trading Up 0.1%

Shares of BATS:SMAX traded up $0.02 during trading on Friday, hitting $28.66. 46,482 shares of the company were exchanged, compared to its average volume of 24,723. The stock has a 50 day moving average of $28.31 and a 200 day moving average of $27.84. iShares Large Cap Max Buffer Sep ETF has a 52-week low of $26.58 and a 52-week high of $28.73.

iShares Large Cap Max Buffer Sep ETF Company Profile

The iShares Large Cap Max Buffer Sep ETF (SMAX) is an exchange-traded fund that is based on the S&P 500 index. The fund seeks to track the price return of the iShares Core S&P 500 ETF (IVV) up to a cap, with 100% downside hedge over a one-year outcome period. The actively managed fund obtains exposure by holding IVV shares and options SMAX was launched on Sep 30, 2024 and is issued by BlackRock.