iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Short Interest Up 149.8% in July

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 38,163 shares, a growth of 149.8% from the July 15th total of 15,277 shares. Based on an average trading volume of 11,020 shares, the days-to-cover ratio is presently 3.5 days. Approximately 6.2% of the shares of the stock are sold short.

Institutional Trading of iShares Russell 2000 BuyWrite ETF

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

iShares Russell 2000 BuyWrite ETF Trading Up 0.1%

IWMW opened at $40.19 on Friday. iShares Russell 2000 BuyWrite ETF has a twelve month low of $36.21 and a twelve month high of $41.81. The firm has a market capitalization of $24.92 million, a PE ratio of 15.60 and a beta of 1.03. The firm’s 50-day moving average price is $39.39 and its 200 day moving average price is $38.71.

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.