iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Stock Short Interest Climbs 1,053.2%

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 3,771 shares, an increase of 1,053.2% from the October 15th total of 327 shares. Based on an average daily volume of 7,881 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

iShares Russell 2000 BuyWrite ETF Stock Down 0.2%

Shares of IWMW traded down $0.08 during mid-day trading on Tuesday, hitting $37.29. 7,856 shares of the company’s stock were exchanged, compared to its average volume of 14,388. iShares Russell 2000 BuyWrite ETF has a 52 week low of $36.16 and a 52 week high of $40.73. The stock’s 50-day simple moving average is $37.79 and its 200-day simple moving average is $38.57. The firm has a market cap of $55.19 million, a price-to-earnings ratio of 16.85 and a beta of 0.74.

Hedge Funds Weigh In On iShares Russell 2000 BuyWrite ETF

A hedge fund recently bought a new position in iShares Russell 2000 BuyWrite ETF stock. Janney Montgomery Scott LLC bought a new position in shares of iShares Russell 2000 BuyWrite ETF (BATS:IWMW) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,286 shares of the company’s stock, valued at approximately $272,000. Janney Montgomery Scott LLC owned approximately 1.18% of iShares Russell 2000 BuyWrite ETF as of its most recent filing with the SEC.

iShares Russell 2000 BuyWrite ETF Company Profile

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.