iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Short Interest Down 49.5% in August

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 347,129 shares, a decline of 49.5% from the July 30th total of 686,738 shares. Based on an average daily trading volume, of 1,101,520 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Several hedge funds and other institutional investors have recently modified their holdings of TLTW. Pinebridge Investments LLC purchased a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter worth approximately $11,950,000. Bank of New York Mellon Corp boosted its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 144.6% during the 1st quarter. Bank of New York Mellon Corp now owns 269,932 shares of the company’s stock valued at $6,106,000 after acquiring an additional 159,592 shares during the last quarter. Ascentis Independent Advisors grew its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% in the 1st quarter. Ascentis Independent Advisors now owns 245,150 shares of the company’s stock worth $5,545,000 after buying an additional 125,593 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 239,395 shares of the company’s stock worth $5,415,000 after buying an additional 207,005 shares during the last quarter. Finally, Claris Financial LLC bought a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter worth $1,085,000.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Price Performance

Shares of TLTW stock opened at $21.40 on Friday. The company’s fifty day simple moving average is $21.66 and its two-hundred day simple moving average is $22.22. iShares 20+ Year Treasury Bond BuyWrite Strategy ETF has a 1 year low of $20.97 and a 1 year high of $24.08.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Company Profile

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.