iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Stock Short Interest Jumps 886.2%

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 3,447,473 shares, a growth of 886.2% from the September 30th total of 349,570 shares. Approximately 6.9% of the shares of the stock are sold short. Based on an average daily volume of 2,879,700 shares, the short-interest ratio is currently 1.2 days.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Price Performance

Shares of BATS TLTW traded up $0.10 during trading on Monday, hitting $21.03. 1,651,887 shares of the company were exchanged, compared to its average volume of 1,704,993. iShares 20+ Year Treasury Bond BuyWrite Strategy ETF has a 1 year low of $19.73 and a 1 year high of $24.08. The firm’s fifty day moving average price is $20.81 and its 200 day moving average price is $21.60.

Institutional Trading of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. United Community Bank purchased a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the second quarter worth about $34,000. Global Wealth Strategies & Associates increased its holdings in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 7.5% in the second quarter. Global Wealth Strategies & Associates now owns 12,973 shares of the company’s stock valued at $290,000 after buying an additional 906 shares in the last quarter. First Bank & Trust increased its holdings in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 27.3% in the second quarter. First Bank & Trust now owns 14,408 shares of the company’s stock valued at $322,000 after buying an additional 3,086 shares in the last quarter. One Capital Management LLC purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the second quarter valued at about $645,000. Finally, Sterling Investment Advisors Ltd. purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the second quarter valued at about $671,000.

About iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

The iShares 20+ Year Treasury Bond Buywrite Strategy ETF (TLTW) is an exchange-traded fund that is based on the CBOE TLT 2% OTM Buywrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares 20+ Year Treasury Bond ETF and writes one-month, out-of-the-money call options against the shares. TLTW was launched on Aug 18, 2022 and is managed by BlackRock.