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

iShares Large Cap Max Buffer Jun ETF (BATS:MAXJ) was the target of a large growth in short interest in 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. Based on an average daily volume of 48,917 shares, the short-interest ratio is currently 0.7 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MAXJ. Northwestern Mutual Wealth Management Co. bought a new stake in shares of iShares Large Cap Max Buffer Jun ETF during the fourth quarter worth $25,000. Advisory Services Network LLC acquired a new stake in shares of iShares Large Cap Max Buffer Jun ETF during the third quarter worth $40,000. EFG International AG bought a new stake in iShares Large Cap Max Buffer Jun ETF in the 4th quarter valued at $74,000. Geneos Wealth Management Inc. boosted its stake in iShares Large Cap Max Buffer Jun ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,507 shares of the company’s stock worth $96,000 after purchasing an additional 2,338 shares during the period. Finally, Sigma Planning Corp acquired a new position in iShares Large Cap Max Buffer Jun ETF in the 1st quarter worth $251,000.

iShares Large Cap Max Buffer Jun ETF Trading Down 0.1%

Shares of MAXJ opened at $28.99 on Thursday. The stock has a 50 day simple moving average of $28.75 and a 200 day simple moving average of $28.45. iShares Large Cap Max Buffer Jun ETF has a 52-week low of $26.86 and a 52-week high of $29.21.

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.