iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Sees Large Drop in Short Interest

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 502,715 shares, a decline of 54.7% from the April 30th total of 1,109,472 shares. Based on an average trading volume of 2,043,912 shares, the short-interest ratio is presently 0.2 days. Approximately 1.0% of the shares of the company are sold short.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Up 0.1%

Shares of TLTW opened at $22.25 on Friday. The business has a fifty day moving average of $22.33 and a 200 day moving average of $22.76. iShares 20+ Year Treasury Bond BuyWrite Strategy ETF has a one year low of $21.56 and a one year high of $24.08.

Institutional Trading of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Several institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 144.6% in the first quarter. Bank of New York Mellon Corp now owns 269,932 shares of the company’s stock valued at $6,106,000 after purchasing an additional 159,592 shares during the period. Ascentis Independent Advisors boosted its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% in the first quarter. Ascentis Independent Advisors now owns 245,150 shares of the company’s stock worth $5,545,000 after acquiring an additional 125,593 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% in the first quarter. Janney Montgomery Scott LLC now owns 239,395 shares of the company’s stock worth $5,415,000 after acquiring an additional 207,005 shares during the last quarter. Claris Financial LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the fourth quarter worth approximately $1,085,000. Finally, Walled Lake Planning & Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 49.9% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 13,155 shares of the company’s stock worth $298,000 after acquiring an additional 4,380 shares during the last quarter.

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.