iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Shares Shorted: Short Interest Up 1,053.2% in October

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 3,771 shares, a growth of 1,053.2% from the October 15th total of 327 shares. Based on an average daily volume of 7,881 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are sold short.

iShares Russell 2000 BuyWrite ETF Trading Down 0.2%

BATS IWMW opened at $37.29 on Wednesday. The company has a market cap of $55.19 million, a price-to-earnings ratio of 16.85 and a beta of 0.74. The company has a 50 day moving average of $37.74 and a 200-day moving average of $38.56. iShares Russell 2000 BuyWrite ETF has a 1-year low of $36.16 and a 1-year high of $40.73.

Institutional Trading of iShares Russell 2000 BuyWrite ETF

A hedge fund recently bought a new position in iShares Russell 2000 BuyWrite ETF stock. Tactive Advisors LLC purchased a new stake in iShares Russell 2000 BuyWrite ETF (BATS:IWMW) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 26,020 shares of the company’s stock, valued at approximately $984,000. Tactive Advisors LLC owned approximately 4.20% of iShares Russell 2000 BuyWrite ETF as of its most recent SEC filing.

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.