Short Interest in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Drops By 49.5%

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 347,129 shares, a decline of 49.5% from the July 30th total of 686,738 shares. Based on an average daily volume of 1,101,520 shares, the short-interest ratio is presently 0.3 days. Approximately 0.7% of the shares of the company are sold short.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Price Performance

Shares of BATS TLTW opened at $21.40 on Monday. iShares 20+ Year Treasury Bond BuyWrite Strategy ETF has a 52-week low of $20.97 and a 52-week high of $24.08. The business has a 50-day moving average price of $21.66 and a 200 day moving average price of $22.22.

Institutional Investors Weigh In On iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 239,395 shares of the company’s stock valued at $5,415,000 after acquiring an additional 207,005 shares during the period. Ascentis Independent Advisors boosted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% during the 1st quarter. Ascentis Independent Advisors now owns 245,150 shares of the company’s stock worth $5,545,000 after purchasing an additional 125,593 shares during the period. Claris Financial LLC acquired a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter worth $1,085,000. Bank of New York Mellon Corp grew its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 144.6% during the 1st quarter. Bank of New York Mellon Corp now owns 269,932 shares of the company’s stock worth $6,106,000 after purchasing an additional 159,592 shares during the last quarter. Finally, United Community Bank purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 2nd quarter worth $34,000.

About iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

The iShares 20+ Year Treasury Bond Buywrite Strategy ETF (TLTW) is an exchange-traded fund that is based on the CBOE TLT 2% OTM Buywrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares 20+ Year Treasury Bond ETF and writes one-month, out-of-the-money call options against the shares. TLTW was launched on Aug 18, 2022 and is managed by BlackRock.