iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) Short Interest Down 89.3% in June

iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 418 shares, a drop of 89.3% from the June 15th total of 3,918 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,711 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SMAX. Advisory Services Network LLC acquired a new stake in shares of iShares Large Cap Max Buffer Sep ETF during the third quarter worth about $36,000. Spire Wealth Management acquired a new stake in shares of iShares Large Cap Max Buffer Sep ETF in the 4th quarter valued at about $194,000. Diversify Wealth Management LLC purchased a new position in shares of iShares Large Cap Max Buffer Sep ETF during the first quarter worth approximately $200,000. Thrivent Financial for Lutherans purchased a new position in shares of iShares Large Cap Max Buffer Sep ETF during the second quarter worth approximately $203,000. Finally, Ausdal Financial Partners Inc. purchased a new position in shares of iShares Large Cap Max Buffer Sep ETF during the third quarter worth approximately $208,000.

iShares Large Cap Max Buffer Sep ETF Stock Performance

Shares of iShares Large Cap Max Buffer Sep ETF stock traded up $0.03 on Friday, reaching $27.98. 1,553 shares of the company were exchanged, compared to its average volume of 20,609. The stock’s 50 day moving average price is $27.74 and its 200-day moving average price is $27.29. iShares Large Cap Max Buffer Sep ETF has a 1-year low of $26.10 and a 1-year high of $27.98.

About iShares Large Cap Max Buffer Sep ETF

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.