iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) Short Interest Up 1,029.6% in May

iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,327 shares, a growth of 1,029.6% from the May 14th total of 206 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 34,320 shares, the days-to-cover ratio is currently 0.1 days.

iShares Large Cap Max Buffer Sep ETF Price Performance

Shares of iShares Large Cap Max Buffer Sep ETF stock traded down $0.03 on Tuesday, hitting $27.70. The company’s stock had a trading volume of 4,359 shares, compared to its average volume of 23,366. iShares Large Cap Max Buffer Sep ETF has a 52-week low of $25.70 and a 52-week high of $27.84. The firm has a fifty day moving average price of $27.43 and a 200-day moving average price of $27.17.

Institutional Investors Weigh In On iShares Large Cap Max Buffer Sep ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new stake in shares of iShares Large Cap Max Buffer Sep ETF in the 3rd quarter worth about $36,000. AE Wealth Management LLC purchased a new stake in shares of iShares Large Cap Max Buffer Sep ETF in the 3rd quarter worth about $180,000. Spire Wealth Management purchased a new stake in shares of iShares Large Cap Max Buffer Sep ETF in the 4th quarter worth about $194,000. Diversify Wealth Management LLC purchased a new stake in shares of iShares Large Cap Max Buffer Sep ETF in the 1st quarter worth about $200,000. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of iShares Large Cap Max Buffer Sep ETF in the 2nd quarter worth about $203,000.

About iShares Large Cap Max Buffer Sep ETF

The iShares Large Cap Max Buffer Sep ETF (SMAX) is an exchange-traded fund that is based on the S&P 500 index. 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 SMAX was launched on Sep 30, 2024 and is issued by BlackRock.