iShares Russell 2000 Index (IWM) Short Interest Down 4.7% in March

iShares Russell 2000 Index (NYSEARCA:IWM) saw a large decline in short interest in the month of March. As of March 29th, there was short interest totalling 72,536,293 shares, a decline of 4.7% from the March 15th total of 76,111,891 shares. Based on an average trading volume of 26,412,700 shares, the days-to-cover ratio is currently 2.7 days.

Shares of IWM stock opened at $157.17 on Tuesday. iShares Russell 2000 Index has a 1 year low of $125.81 and a 1 year high of $173.39.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were paid a $0.4121 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Wednesday, March 20th.

Several institutional investors and hedge funds have recently bought and sold shares of IWM. Signet Investment Advisory Group Inc. bought a new stake in shares of iShares Russell 2000 Index in the 4th quarter worth $27,000. Westside Investment Management Inc. bought a new stake in shares of iShares Russell 2000 Index in the 4th quarter worth $27,000. Tradewinds Capital Management LLC raised its stake in shares of iShares Russell 2000 Index by 187.5% in the 4th quarter. Tradewinds Capital Management LLC now owns 230 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 150 shares in the last quarter. Pacific Center for Financial Services bought a new stake in shares of iShares Russell 2000 Index in the 4th quarter worth $33,000. Finally, Truvestments Capital LLC bought a new stake in shares of iShares Russell 2000 Index in the 1st quarter worth $37,000.

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iShares Russell 2000 Index Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.

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