AllianzIM U.S. Equity Buffer10 May ETF (BATS:MAYT) Sees Large Drop in Short Interest

AllianzIM U.S. Equity Buffer10 May ETF (BATS:MAYT) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 9,907 shares, a decline of 43.4% from the September 15th total of 17,493 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 12,565 shares, the short-interest ratio is presently 0.8 days.

AllianzIM U.S. Equity Buffer10 May ETF Stock Down 0.6%

MAYT opened at $40.13 on Thursday. AllianzIM U.S. Equity Buffer10 May ETF has a 52-week low of $35.91 and a 52-week high of $40.48. The company has a 50 day moving average of $39.94 and a two-hundred day moving average of $39.02. The company has a market cap of $235.96 million, a P/E ratio of 24.08 and a beta of 0.46.

Hedge Funds Weigh In On AllianzIM U.S. Equity Buffer10 May ETF

A hedge fund recently bought a new position in AllianzIM U.S. Equity Buffer10 May ETF stock. First Heartland Consultants Inc. bought a new stake in shares of AllianzIM U.S. Equity Buffer10 May ETF (BATS:MAYT) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,506 shares of the company’s stock, valued at approximately $339,000. First Heartland Consultants Inc. owned approximately 0.14% of AllianzIM U.S. Equity Buffer10 May ETF at the end of the most recent quarter.

About AllianzIM U.S. Equity Buffer10 May ETF

The AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. MAYT was launched on Apr 28, 2023 and is managed by Allianz.