iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Short Interest Update

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,165 shares, a decrease of 59.6% from the April 30th total of 10,303 shares. Based on an average daily trading volume, of 14,079 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares Russell 2000 BuyWrite ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IWMW. Banque Cantonale Vaudoise acquired a new position in iShares Russell 2000 BuyWrite ETF during the first quarter valued at approximately $27,000. Osaic Holdings Inc. acquired a new position in iShares Russell 2000 BuyWrite ETF during the second quarter valued at approximately $31,000. International Assets Investment Management LLC acquired a new position in iShares Russell 2000 BuyWrite ETF during the fourth quarter valued at approximately $39,000. Jane Street Group LLC acquired a new stake in shares of iShares Russell 2000 BuyWrite ETF in the fourth quarter worth $230,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of iShares Russell 2000 BuyWrite ETF in the first quarter worth $272,000.

iShares Russell 2000 BuyWrite ETF Stock Performance

BATS:IWMW opened at $39.13 on Monday. The stock’s 50 day moving average price is $37.92 and its 200 day moving average price is $38.75. iShares Russell 2000 BuyWrite ETF has a 52 week low of $36.21 and a 52 week high of $41.81. The company has a market capitalization of $24.26 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.