iShares Russell 2000 BuyWrite ETF (BATS:IWMW – Get Free Report) was the target of a large decrease in short interest in 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 trading volume of 14,079 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the shares of the company are short sold.
iShares Russell 2000 BuyWrite ETF Trading Down 0.2%
IWMW opened at $39.13 on Friday. iShares Russell 2000 BuyWrite ETF has a 1-year low of $36.21 and a 1-year high of $41.81. The stock’s fifty day simple moving average is $37.92 and its 200 day simple moving average is $38.76. The stock has a market cap of $24.26 million, a PE ratio of 15.60 and a beta of 1.03.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in IWMW. Banque Cantonale Vaudoise bought a new position in iShares Russell 2000 BuyWrite ETF during the 1st quarter worth $27,000. Osaic Holdings Inc. bought a new position in iShares Russell 2000 BuyWrite ETF during the 2nd quarter worth $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 bought a new position in iShares Russell 2000 BuyWrite ETF during the 4th quarter worth $230,000. Finally, Janney Montgomery Scott LLC bought a new position in iShares Russell 2000 BuyWrite ETF during the 1st quarter worth $272,000.
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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