Short Interest in iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Rises By 62.9%

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 54,540 shares, an increase of 62.9% from the August 15th total of 33,487 shares. Based on an average daily volume of 21,015 shares, the days-to-cover ratio is presently 2.6 days. Currently, 8.8% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares Russell 2000 BuyWrite ETF

A hedge fund recently bought a new position in iShares Russell 2000 BuyWrite ETF stock. Janney Montgomery Scott LLC acquired a new position in shares of iShares Russell 2000 BuyWrite ETF (BATS:IWMW) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,286 shares of the company’s stock, valued at approximately $272,000. Janney Montgomery Scott LLC owned approximately 1.18% of iShares Russell 2000 BuyWrite ETF at the end of the most recent quarter.

iShares Russell 2000 BuyWrite ETF Stock Performance

BATS IWMW opened at $38.39 on Friday. The firm has a 50-day simple moving average of $39.55 and a 200 day simple moving average of $38.73. iShares Russell 2000 BuyWrite ETF has a twelve month low of $36.21 and a twelve month high of $41.81. The stock has a market cap of $23.80 million, a PE 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.