AllianzIM U.S. Equity Buffer10 May ETF (BATS:MAYT) Stock Short Interest Falls 43.4%

AllianzIM U.S. Equity Buffer10 May ETF (BATS:MAYT) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 9,907 shares, a decline of 43.4% from the September 15th total of 17,493 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 12,565 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer10 May ETF

An institutional investor recently raised its stake in AllianzIM U.S. Equity Buffer10 May ETF stock. First Heartland Consultants Inc. increased its holdings in shares of AllianzIM U.S. Equity Buffer10 May ETF (BATS:MAYT) by 36.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,337 shares of the company’s stock after purchasing an additional 2,237 shares during the period. First Heartland Consultants Inc. owned 0.14% of AllianzIM U.S. Equity Buffer10 May ETF worth $325,000 as of its most recent filing with the Securities and Exchange Commission.

AllianzIM U.S. Equity Buffer10 May ETF Price Performance

BATS MAYT traded down $0.26 during mid-day trading on Friday, hitting $39.96. The company’s stock had a trading volume of 10,527 shares, compared to its average volume of 38,370. The firm has a market capitalization of $234.96 million, a P/E ratio of 24.08 and a beta of 0.46. AllianzIM U.S. Equity Buffer10 May ETF has a 52-week low of $35.91 and a 52-week high of $40.48. The stock’s fifty day simple moving average is $39.95 and its two-hundred day simple moving average is $39.05.

About AllianzIM U.S. Equity Buffer10 May ETF

The AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. MAYT was launched on Apr 28, 2023 and is managed by Allianz.