iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Stock Short Interest Falls 78.8%

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 11,583 shares, a drop of 78.8% from the August 31st total of 54,540 shares. Based on an average trading volume of 18,261 shares, the short-interest ratio is presently 0.6 days. Approximately 1.9% of the shares of the company are short sold.

iShares Russell 2000 BuyWrite ETF Stock Performance

IWMW opened at $38.15 on Friday. The firm has a market cap of $23.65 million, a P/E ratio of 15.60 and a beta of 1.03. The business has a 50 day moving average price of $39.41 and a 200 day moving average price of $38.71. iShares Russell 2000 BuyWrite ETF has a twelve month low of $36.21 and a twelve month high of $41.81.

Hedge Funds Weigh In On iShares Russell 2000 BuyWrite ETF

An institutional investor recently bought a new stake in iShares Russell 2000 BuyWrite ETF stock. Banque Cantonale Vaudoise acquired a new position in iShares Russell 2000 BuyWrite ETF (BATS:IWMW) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 700 shares of the company’s stock, valued at approximately $27,000. Banque Cantonale Vaudoise owned about 0.11% of iShares Russell 2000 BuyWrite ETF at the end of the most recent quarter.

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.