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 recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,569 shares, an increase of 1,028.8% from the April 15th total of 139 shares. Based on an average daily volume of 10,253 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

iShares Large Cap Max Buffer Sep ETF Trading Up 0.2%

Shares of SMAX opened at $27.64 on Tuesday. The stock has a fifty day moving average price of $27.13 and a two-hundred day moving average price of $27.07. iShares Large Cap Max Buffer Sep ETF has a 52-week low of $25.39 and a 52-week high of $27.64.

Institutional Investors Weigh In On iShares Large Cap Max Buffer Sep ETF

Institutional investors have recently made changes to their positions in the stock. Blue Sky Capital Consultants Group Inc. acquired a new stake in shares of iShares Large Cap Max Buffer Sep ETF during the fourth quarter worth $628,000. J. L. Bainbridge & Co. Inc. grew its stake in iShares Large Cap Max Buffer Sep ETF by 34.8% in the fourth quarter. J. L. Bainbridge & Co. Inc. now owns 1,833,229 shares of the company’s stock valued at $49,415,000 after acquiring an additional 473,771 shares during the period. BIP Wealth LLC acquired a new position in iShares Large Cap Max Buffer Sep ETF in the fourth quarter valued at about $4,439,000. FC Advisory LLC grew its stake in iShares Large Cap Max Buffer Sep ETF by 210.8% in the fourth quarter. FC Advisory LLC now owns 80,775 shares of the company’s stock valued at $2,177,000 after acquiring an additional 54,787 shares during the period. Finally, Grantvest Financial Group LLC grew its stake in iShares Large Cap Max Buffer Sep ETF by 47.1% in the fourth quarter. Grantvest Financial Group LLC now owns 81,291 shares of the company’s stock valued at $2,191,000 after acquiring an additional 26,039 shares during the period.

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.