iShares Government Money Market ETF (NYSEARCA:GMMF) Short Interest Update

iShares Government Money Market ETF (NYSEARCA:GMMF) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 22,239 shares, a drop of 21.8% from the November 30th total of 28,448 shares. Approximately 2.8% of the shares of the company are short sold. Based on an average trading volume of 13,530 shares, the short-interest ratio is currently 1.6 days. Based on an average trading volume of 13,530 shares, the short-interest ratio is currently 1.6 days. Approximately 2.8% of the shares of the company are short sold.

iShares Government Money Market ETF Price Performance

NYSEARCA:GMMF traded up $0.01 during trading hours on Wednesday, hitting $100.22. 6,085 shares of the company traded hands, compared to its average volume of 9,229. iShares Government Money Market ETF has a twelve month low of $99.59 and a twelve month high of $100.58. The firm has a 50-day moving average of $100.34 and a 200 day moving average of $100.34.

Institutional Investors Weigh In On iShares Government Money Market ETF

A hedge fund recently bought a new stake in iShares Government Money Market ETF stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Government Money Market ETF (NYSEARCA:GMMF) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,102 shares of the company’s stock, valued at approximately $714,000. iShares Government Money Market ETF makes up 1.4% of Thurston Springer Miller Herd & Titak Inc.’s holdings, making the stock its 7th biggest holding. Thurston Springer Miller Herd & Titak Inc. owned 0.92% of iShares Government Money Market ETF at the end of the most recent quarter.

iShares Government Money Market ETF Company Profile

The iShares Government Money Market ETF (GMMF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund which invests in US government money market instruments with short-term maturities. The fund seeks current income. GMMF was launched on Feb 4, 2025 and is issued by BlackRock.