Short Interest in iShares Large Cap Max Buffer Dec ETF (BATS:DMAX) Expands By 110.1%

iShares Large Cap Max Buffer Dec ETF (BATS:DMAXGet Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 5,968 shares, an increase of 110.1% from the August 15th total of 2,841 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 5,931 shares, the short-interest ratio is currently 1.0 days.

iShares Large Cap Max Buffer Dec ETF Stock Performance

Shares of DMAX opened at $27.73 on Monday. The stock has a 50-day moving average price of $27.56 and a 200-day moving average price of $27.19. iShares Large Cap Max Buffer Dec ETF has a 12-month low of $26.32 and a 12-month high of $27.75.

Hedge Funds Weigh In On iShares Large Cap Max Buffer Dec ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. J. L. Bainbridge & Co. Inc. purchased a new stake in iShares Large Cap Max Buffer Dec ETF in the first quarter worth $18,124,000. Ashton Thomas Securities LLC bought a new position in iShares Large Cap Max Buffer Dec ETF during the 1st quarter worth about $2,627,000. Royal Bank of Canada bought a new position in shares of iShares Large Cap Max Buffer Dec ETF during the first quarter valued at approximately $2,012,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of iShares Large Cap Max Buffer Dec ETF during the 4th quarter worth approximately $1,468,000. Finally, ATX Financial Planning LLC purchased a new stake in shares of iShares Large Cap Max Buffer Dec ETF during the 4th quarter worth about $929,000.

About iShares Large Cap Max Buffer Dec ETF

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The iShares Large Cap Max Buffer Dec ETF (DMAX) is an exchange-traded fund that mostly invests in large cap equity. 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. DMAX was launched on Dec 31, 2024 and is issued by BlackRock.

Further Reading

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