iShares Large Cap Max Buffer Dec ETF (BATS:DMAX) Sees Significant Increase in Short Interest

iShares Large Cap Max Buffer Dec ETF (BATS:DMAX) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,841 shares, a growth of 181.3% from the July 30th total of 1,010 shares. Based on an average trading volume of 5,609 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

iShares Large Cap Max Buffer Dec ETF Stock Performance

Shares of DMAX opened at $27.69 on Friday. iShares Large Cap Max Buffer Dec ETF has a fifty-two week low of $26.13 and a fifty-two week high of $27.75. The firm has a 50 day moving average price of $27.48 and a 200-day moving average price of $27.13.

Hedge Funds Weigh In On iShares Large Cap Max Buffer Dec ETF

A number of large investors have recently added to or reduced their stakes in DMAX. J. L. Bainbridge & Co. Inc. bought a new stake in iShares Large Cap Max Buffer Dec ETF in the first quarter worth $18,124,000. Crown Wealth Group LLC grew its stake in shares of iShares Large Cap Max Buffer Dec ETF by 3.4% during the first quarter. Crown Wealth Group LLC now owns 498,567 shares of the company’s stock valued at $13,247,000 after buying an additional 16,540 shares during the last quarter. FC Advisory LLC grew its stake in shares of iShares Large Cap Max Buffer Dec ETF by 0.4% during the second quarter. FC Advisory LLC now owns 153,596 shares of the company’s stock valued at $4,199,000 after buying an additional 601 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of iShares Large Cap Max Buffer Dec ETF in the first quarter worth about $2,627,000. Finally, Royal Bank of Canada purchased a new position in shares of iShares Large Cap Max Buffer Dec ETF in the first quarter worth about $2,012,000.

About iShares Large Cap Max Buffer Dec ETF

The iShares Large Cap Max Buffer Dec ETF (DMAX) 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. DMAX was launched on Dec 31, 2024 and is issued by BlackRock.