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

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 330 shares, a decrease of 94.5% from the October 15th total of 6,032 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,611 shares, the short-interest ratio is presently 0.2 days.

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

MAYU opened at $33.97 on Wednesday. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a twelve month low of $29.15 and a twelve month high of $37.23. The firm’s 50-day moving average price is $34.56 and its 200 day moving average price is $33.34.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer15 Uncapped May ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC purchased a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 3rd quarter valued at $9,532,000. Kestra Advisory Services LLC purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 3rd quarter worth $1,423,000. Finally, Money Concepts Capital Corp purchased a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 3rd quarter worth $226,000.

About AllianzIM U.S. Equity Buffer15 Uncapped May ETF

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.