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 the month of 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. Based on an average trading volume of 2,879,700 shares, the days-to-cover ratio is currently 1.2 days. Currently, 6.9% of the shares of the company are short sold.

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

Several large investors have recently modified their holdings of TLTW. Farther Finance Advisors LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 139.9% during the third quarter. Farther Finance Advisors LLC now owns 394,309 shares of the company’s stock worth $7,993,000 after purchasing an additional 229,927 shares during the period. Bank of New York Mellon Corp increased its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 144.6% in 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 buying an additional 159,592 shares during the period. Ascentis Independent Advisors raised its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% during 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 during the last quarter. Janney Montgomery Scott LLC raised its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% during 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, Kingswood Wealth Advisors LLC raised its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 0.5% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 113,011 shares of the company’s stock worth $2,291,000 after buying an additional 618 shares during the last quarter.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Up 0.5%

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF stock traded up $0.10 during mid-day trading on Monday, reaching $21.03. 1,651,887 shares of the company were exchanged, compared to its average volume of 1,704,993. The firm’s 50-day simple moving average is $20.81 and its two-hundred day simple moving average is $21.60. iShares 20+ Year Treasury Bond BuyWrite Strategy ETF has a twelve month low of $19.73 and a twelve month high of $24.08.

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.