iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) Sees Significant Decline in Short Interest

iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 1,600 shares, a decrease of 43.7% from the April 15th total of 2,843 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,244 shares, the short-interest ratio is currently 0.1 days.

iShares Large Cap Max Buffer Jun ETF Trading Up 0.1%

Shares of BATS MAXJ opened at $28.93 on Friday. The firm’s 50-day simple moving average is $28.49 and its 200 day simple moving average is $28.35. iShares Large Cap Max Buffer Jun ETF has a 12-month low of $26.29 and a 12-month high of $28.93.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers lifted its position in iShares Large Cap Max Buffer Jun ETF by 27.4% during the 1st quarter. Cetera Investment Advisers now owns 24,853 shares of the company’s stock valued at $700,000 after purchasing an additional 5,346 shares during the period. Sigma Planning Corp acquired a new position in iShares Large Cap Max Buffer Jun ETF during the 1st quarter valued at about $251,000. Client First Capital LLC lifted its position in iShares Large Cap Max Buffer Jun ETF by 17.1% during the 1st quarter. Client First Capital LLC now owns 90,423 shares of the company’s stock valued at $2,546,000 after purchasing an additional 13,175 shares during the period. EFG International AG acquired a new position in iShares Large Cap Max Buffer Jun ETF during the 4th quarter valued at about $74,000. Finally, Jane Street Group LLC acquired a new position in iShares Large Cap Max Buffer Jun ETF during the 4th quarter valued at about $515,000.

About iShares Large Cap Max Buffer Jun ETF

The iShares Large Cap Max Buffer Jun ETF (MAXJ) 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. MAXJ was launched on Jun 28, 2024 and is issued by BlackRock.