iShares Russell 2000 BuyWrite ETF (BATS:IWMW – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 46,793 shares, a growth of 479.3% from the June 15th total of 8,078 shares. Based on an average daily trading volume, of 19,999 shares, the days-to-cover ratio is currently 2.3 days. Approximately 7.5% of the shares of the company are sold short.
Institutional Trading of iShares Russell 2000 BuyWrite ETF
A number of institutional investors have recently bought and sold shares of IWMW. Osaic Holdings Inc. bought a new position in shares of iShares Russell 2000 BuyWrite ETF during the second quarter worth approximately $31,000. International Assets Investment Management LLC bought a new position in iShares Russell 2000 BuyWrite ETF during the 4th quarter worth $39,000. Jane Street Group LLC acquired a new position in iShares Russell 2000 BuyWrite ETF in the 4th quarter valued at $230,000. UMB Bank n.a. bought a new stake in shares of iShares Russell 2000 BuyWrite ETF during the 4th quarter valued at $395,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of iShares Russell 2000 BuyWrite ETF in the first quarter worth $27,000.
iShares Russell 2000 BuyWrite ETF Stock Performance
Shares of IWMW stock traded down $0.04 on Friday, hitting $39.43. The company’s stock had a trading volume of 8,046 shares, compared to its average volume of 15,057. The stock’s 50 day moving average is $38.83 and its 200-day moving average is $38.69. iShares Russell 2000 BuyWrite ETF has a fifty-two week low of $36.21 and a fifty-two week high of $41.81. The company has a market capitalization of $24.45 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.
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