Short Interest in iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) Rises By 330.5%

iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 35,265 shares, a growth of 330.5% from the May 14th total of 8,192 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 48,917 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Ashton Thomas Securities LLC acquired a new position in iShares Large Cap Max Buffer Jun ETF during the first quarter valued at $2,594,000. Cetera Investment Advisers raised its position in iShares Large Cap Max Buffer Jun ETF by 27.4% during the first quarter. Cetera Investment Advisers now owns 24,853 shares of the company’s stock valued at $700,000 after buying 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 first quarter valued at $251,000. Client First Capital LLC raised its position in iShares Large Cap Max Buffer Jun ETF by 17.1% during the first quarter. Client First Capital LLC now owns 90,423 shares of the company’s stock valued at $2,546,000 after buying an additional 13,175 shares during the period. Finally, EFG International AG acquired a new position in iShares Large Cap Max Buffer Jun ETF during the fourth quarter valued at $74,000.

iShares Large Cap Max Buffer Jun ETF Price Performance

BATS:MAXJ opened at $29.03 on Friday. iShares Large Cap Max Buffer Jun ETF has a 1-year low of $26.86 and a 1-year high of $29.21. The business’s fifty day moving average price is $28.79 and its 200 day moving average price is $28.47.

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.