AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Sees Large Growth in Short Interest

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 16,343 shares, an increase of 69.3% from the August 31st total of 9,656 shares. Approximately 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 4,949 shares, the days-to-cover ratio is currently 3.3 days.

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

A hedge fund recently bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF stock. World Investment Advisors bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 31,414 shares of the company’s stock, valued at approximately $990,000. World Investment Advisors owned 4.05% of AllianzIM U.S. Equity Buffer15 Uncapped May ETF at the end of the most recent reporting period.

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

Shares of MAYU opened at $34.53 on Friday. 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 stock’s 50-day moving average price is $34.59 and its 200-day moving average price is $33.55.

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.