iShares Russell 2000 BuyWrite ETF (BATS:IWMW – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 38,163 shares, an increase of 149.8% from the July 15th total of 15,277 shares. Currently, 6.2% of the company’s stock are sold short. Based on an average trading volume of 11,020 shares, the short-interest ratio is presently 3.5 days.
iShares Russell 2000 BuyWrite ETF Trading Up 0.3%
Shares of BATS IWMW opened at $40.32 on Friday. The company has a market capitalization of $25.00 million, a price-to-earnings ratio of 15.60 and a beta of 1.03. iShares Russell 2000 BuyWrite ETF has a twelve month low of $36.21 and a twelve month high of $41.81. The business has a 50 day simple moving average of $39.44 and a 200-day simple moving average of $38.72.
Hedge Funds Weigh In On iShares Russell 2000 BuyWrite ETF
Several hedge funds and other institutional investors have recently modified their holdings of IWMW. Banque Cantonale Vaudoise acquired a new position in shares of iShares Russell 2000 BuyWrite ETF during the first quarter worth approximately $27,000. Osaic Holdings Inc. bought a new position in iShares Russell 2000 BuyWrite ETF in the 2nd quarter worth approximately $31,000. International Assets Investment Management LLC acquired a new stake in iShares Russell 2000 BuyWrite ETF in the 4th quarter valued at approximately $39,000. Jane Street Group LLC acquired a new stake in iShares Russell 2000 BuyWrite ETF in the 4th quarter valued at approximately $230,000. Finally, Janney Montgomery Scott LLC acquired a new stake in iShares Russell 2000 BuyWrite ETF in the 1st quarter valued at approximately $272,000.
About iShares Russell 2000 BuyWrite ETF
The iShares Russell 2000 BuyWrite ETF (IWMW) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a fund-of-funds that employs a covered call strategy on the Russell 2000 index for income, focusing on small-cap US stocks. The fund aims to distribute monthly income from option premiums and dividends. IWMW was launched on Mar 14, 2024 and is issued by BlackRock.
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