Short Interest in iShares S&P 500 BuyWrite ETF (BATS:IVVW) Expands By 1,651.6%

iShares S&P 500 BuyWrite ETF (BATS:IVVW) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 15,764 shares, an increase of 1,651.6% from the August 15th total of 900 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 39,750 shares, the short-interest ratio is presently 0.4 days.

iShares S&P 500 BuyWrite ETF Price Performance

Shares of IVVW stock traded down $0.23 during trading hours on Thursday, hitting $44.99. The stock had a trading volume of 49,503 shares, compared to its average volume of 47,328. The stock has a market capitalization of $176.36 million, a price-to-earnings ratio of 25.38 and a beta of 0.60. iShares S&P 500 BuyWrite ETF has a one year low of $42.50 and a one year high of $47.25. The stock’s 50-day moving average price is $44.92 and its two-hundred day moving average price is $44.51.

Institutional Trading of iShares S&P 500 BuyWrite ETF

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of iShares S&P 500 BuyWrite ETF during the 4th quarter valued at approximately $442,000. Osaic Holdings Inc. lifted its stake in shares of iShares S&P 500 BuyWrite ETF by 596.2% in the 2nd quarter. Osaic Holdings Inc. now owns 11,327 shares of the company’s stock valued at $526,000 after purchasing an additional 9,700 shares during the last quarter. Susquehanna International Group LLP boosted its stake in iShares S&P 500 BuyWrite ETF by 40.4% during the third quarter. Susquehanna International Group LLP now owns 17,108 shares of the company’s stock worth $797,000 after buying an additional 4,926 shares during the period. OLD Mission Capital LLC boosted its stake in iShares S&P 500 BuyWrite ETF by 113.2% during the fourth quarter. OLD Mission Capital LLC now owns 20,065 shares of the company’s stock worth $914,000 after buying an additional 10,653 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in iShares S&P 500 BuyWrite ETF by 3.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 42,557 shares of the company’s stock valued at $1,938,000 after acquiring an additional 1,582 shares during the last quarter.

About iShares S&P 500 BuyWrite ETF

The iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund that mostly invests in large cap equity. The fund is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy. The fund-of-fund holds shares of the iShares Core S&P 500 ETF (IVV) while simultaneously writing one-month call options. IVVW was launched on Mar 14, 2024 and is issued by BlackRock.