AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) Sees Large Decline in Short Interest

AllianzIM U.S. Equity Buffer15 Uncapped May ETF (BATS:MAYU) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,500 shares, a decline of 94.6% from the May 14th total of 27,654 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 23,838 shares, the days-to-cover ratio is currently 0.1 days.

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Stock Down 0.3%

Shares of BATS:MAYU traded down $0.11 during trading on Tuesday, hitting $33.76. 34,973 shares of the company were exchanged, compared to its average volume of 9,475. AllianzIM U.S. Equity Buffer15 Uncapped May ETF has a fifty-two week low of $27.97 and a fifty-two week high of $37.23. The firm has a fifty day moving average price of $32.87 and a two-hundred day moving average price of $31.92.

Institutional Inflows and Outflows

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

AllianzIM U.S. Equity Buffer15 Uncapped May ETF Company Profile

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.