iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Shares Shorted: Short Interest Down 75.6% in October

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 327 shares, a decline of 75.6% from the September 30th total of 1,339 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 11,250 shares, the short-interest ratio is presently 0.0 days.

iShares Russell 2000 BuyWrite ETF Stock Performance

iShares Russell 2000 BuyWrite ETF stock opened at $37.52 on Thursday. iShares Russell 2000 BuyWrite ETF has a 52 week low of $36.21 and a 52 week high of $41.67. The firm has a market capitalization of $23.26 million, a price-to-earnings ratio of 15.60 and a beta of 1.03. The company has a 50 day moving average price of $38.26 and a 200 day moving average price of $38.68.

Hedge Funds Weigh In On iShares Russell 2000 BuyWrite ETF

Large investors have recently made changes to their positions in the business. Tactive Advisors LLC purchased a new position in iShares Russell 2000 BuyWrite ETF during the third quarter valued at approximately $984,000. Janney Montgomery Scott LLC bought a new position in shares of iShares Russell 2000 BuyWrite ETF in the first quarter valued at approximately $272,000. Finally, Banque Cantonale Vaudoise bought a new position in iShares Russell 2000 BuyWrite ETF in the 1st quarter worth $27,000.

About iShares Russell 2000 BuyWrite ETF

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.