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 target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,569 shares, a drop of 79.0% from the June 15th total of 7,455 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 6,176 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Allianz Investment Management LLC purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter worth approximately $5,453,000. Allianz SE purchased a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter valued at approximately $3,238,000. World Investment Advisors acquired a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth $990,000. Arax Advisory Partners purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth $452,000. Finally, LPL Financial LLC grew its stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 89.6% in the fourth quarter. LPL Financial LLC now owns 17,631 shares of the company’s stock valued at $555,000 after buying an additional 8,333 shares in the last quarter.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Stock Up 0.4%

Shares of MAYU stock traded up $0.15 during trading on Friday, hitting $34.40. 2,803 shares of the stock traded hands, compared to its average volume of 8,821. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 52-week low of $29.06 and a 52-week high of $37.23. The firm’s fifty day moving average price is $33.99 and its 200-day moving average price is $32.35.

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.