iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Short Interest Up 152.8% in June

iShares Russell 2000 BuyWrite ETF (BATS:IWMWGet Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 8,078 shares, a growth of 152.8% from the May 31st total of 3,195 shares. Based on an average trading volume of 12,587 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.3% of the shares of the company are short sold.

iShares Russell 2000 BuyWrite ETF Trading Up 0.2%

BATS:IWMW opened at $39.89 on Tuesday. iShares Russell 2000 BuyWrite ETF has a 12-month low of $36.21 and a 12-month high of $41.81. The stock’s 50 day simple moving average is $38.59 and its 200-day simple moving average is $38.69. The firm has a market cap of $24.73 million, a P/E ratio of 15.60 and a beta of 1.03.

Hedge Funds Weigh In On iShares Russell 2000 BuyWrite ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in iShares Russell 2000 BuyWrite ETF during the 4th quarter worth $39,000. Banque Cantonale Vaudoise acquired a new stake in shares of iShares Russell 2000 BuyWrite ETF in the 1st quarter worth $27,000. Janney Montgomery Scott LLC purchased a new stake in shares of iShares Russell 2000 BuyWrite ETF in the first quarter valued at about $272,000. Osaic Holdings Inc. purchased a new stake in shares of iShares Russell 2000 BuyWrite ETF in the second quarter valued at about $31,000. Finally, Jane Street Group LLC acquired a new position in shares of iShares Russell 2000 BuyWrite ETF during the fourth quarter worth about $230,000.

iShares Russell 2000 BuyWrite ETF Company Profile

(Get Free Report)

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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