iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Sees Significant Drop in Short Interest

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 11,583 shares, a decrease of 78.8% from the August 31st total of 54,540 shares. Based on an average daily volume of 18,261 shares, the short-interest ratio is currently 0.6 days. Approximately 1.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in iShares Russell 2000 BuyWrite ETF stock. Banque Cantonale Vaudoise bought a new stake in iShares Russell 2000 BuyWrite ETF (BATS:IWMW) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 700 shares of the company’s stock, valued at approximately $27,000. Banque Cantonale Vaudoise owned 0.11% of iShares Russell 2000 BuyWrite ETF as of its most recent filing with the Securities and Exchange Commission.

iShares Russell 2000 BuyWrite ETF Price Performance

IWMW opened at $38.15 on Friday. iShares Russell 2000 BuyWrite ETF has a one year low of $36.21 and a one year high of $41.81. The company’s 50 day simple moving average is $39.41 and its 200-day simple moving average is $38.71. The stock has a market capitalization of $23.65 million, a P/E ratio of 15.60 and a beta of 1.03.

iShares Russell 2000 BuyWrite ETF Company Profile

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.