Short Interest in AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Decreases By 79.0%

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 1,569 shares, a decrease of 79.0% from the June 15th total of 7,455 shares. Based on an average daily volume of 6,176 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Stock Up 0.4%

Shares of MAYU stock traded up $0.15 during trading hours on Friday, hitting $34.40. 2,803 shares of the company were exchanged, compared to its average volume of 8,821. The business has a 50 day moving average of $33.99 and a two-hundred day moving average of $32.35. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a 52 week low of $29.06 and a 52 week high of $37.23.

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

A number of large investors have recently added to or reduced their stakes in MAYU. Arax Advisory Partners acquired a new position in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the fourth quarter worth about $452,000. LPL Financial LLC raised its position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 89.6% in the 4th quarter. LPL Financial LLC now owns 17,631 shares of the company’s stock valued at $555,000 after buying an additional 8,333 shares during the last quarter. World Investment Advisors acquired a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at approximately $990,000. Stephens Inc. AR lifted its stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 0.7% in the 4th quarter. Stephens Inc. AR now owns 80,634 shares of the company’s stock valued at $2,540,000 after acquiring an additional 546 shares in the last quarter. Finally, Allianz SE bought a new stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the 4th quarter valued at approximately $3,238,000.

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.