iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) Shares Shorted: Short Interest Up 3,077.9% in September

iShares Large Cap Max Buffer Sep ETF (BATS:SMAX) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 25,773 shares, a growth of 3,077.9% from the September 15th total of 811 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 29,052 shares, the days-to-cover ratio is currently 0.9 days.

iShares Large Cap Max Buffer Sep ETF Price Performance

Shares of iShares Large Cap Max Buffer Sep ETF stock traded up $0.02 during trading on Friday, reaching $28.66. The company’s stock had a trading volume of 46,482 shares, compared to its average volume of 24,723. The firm’s 50-day moving average is $28.31 and its two-hundred day moving average is $27.84. iShares Large Cap Max Buffer Sep ETF has a 52-week low of $26.58 and a 52-week high of $28.73.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC bought a new stake in iShares Large Cap Max Buffer Sep ETF in the 2nd quarter worth $444,000. Wedbush Securities Inc. bought a new position in shares of iShares Large Cap Max Buffer Sep ETF during the second quarter valued at about $201,000. Diversify Wealth Management LLC bought a new position in shares of iShares Large Cap Max Buffer Sep ETF during the first quarter valued at about $200,000. Finally, Kestra Advisory Services LLC boosted its holdings in shares of iShares Large Cap Max Buffer Sep ETF by 35.3% during the first quarter. Kestra Advisory Services LLC now owns 21,493 shares of the company’s stock worth $576,000 after purchasing an additional 5,612 shares during the period.

iShares Large Cap Max Buffer Sep ETF Company Profile

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.