AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Short Interest Up 347.4% in July

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 7,019 shares, a growth of 347.4% from the June 30th total of 1,569 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 4,460 shares, the short-interest ratio is presently 1.6 days.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Stock Performance

Shares of MAYU stock opened at $33.78 on Friday. The business has a fifty day simple moving average of $34.06 and a 200-day simple moving average of $32.51. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a fifty-two week low of $29.07 and a fifty-two week high of $37.23.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. World Investment Advisors bought a new stake in shares of AllianzIM U.S. Equity Buffer15 Uncapped May ETF during the 4th quarter valued at about $990,000. Allianz Investment Management LLC bought a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter worth about $5,453,000. Allianz SE bought a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter worth about $3,238,000. LPL Financial LLC boosted its stake in AllianzIM U.S. Equity Buffer15 Uncapped May ETF by 89.6% in the fourth quarter. LPL Financial LLC now owns 17,631 shares of the company’s stock valued at $555,000 after acquiring an additional 8,333 shares during the period. Finally, Arax Advisory Partners acquired a new position in AllianzIM U.S. Equity Buffer15 Uncapped May ETF in the fourth quarter valued at approximately $452,000.

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.