iShares Prime Money Market ETF (NYSEARCA:PMMF) Short Interest Up 360.3% in December

by · The Cerbat Gem

iShares Prime Money Market ETF (NYSEARCA:PMMF – Get Free Report) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 33,644 shares, a growth of 360.3% from the November 30th total of 7,309 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 89,359 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 89,359 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Prime Money Market ETF

An institutional investor recently bought a new position in iShares Prime Money Market ETF stock. Hikari Power Ltd bought a new stake in shares of iShares Prime Money Market ETF (NYSEARCA:PMMF – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 103,120 shares of the company’s stock, valued at approximately $10,362,000. iShares Prime Money Market ETF accounts for 0.9% of Hikari Power Ltd’s holdings, making the stock its 18th biggest position. Hikari Power Ltd owned 3.83% of iShares Prime Money Market ETF as of its most recent filing with the SEC.

iShares Prime Money Market ETF Trading Up 0.0%

Shares of NYSEARCA PMMF opened at $100.19 on Friday. The stock has a fifty day moving average price of $100.37 and a 200 day moving average price of $100.36. iShares Prime Money Market ETF has a 12-month low of $99.81 and a 12-month high of $101.40.

About iShares Prime Money Market ETF

(Get Free Report)

The iShares Prime Money Market ETF (PMMF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund which invests in USD-denominated money market instruments with short-term maturities. The fund seeks a high level of current income. PMMF was launched on Feb 4, 2025 and is issued by BlackRock.

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