iShares Prime Money Market ETF (NYSEARCA:PMMF) Short Interest Up 32.9% in December

iShares Prime Money Market ETF (NYSEARCA:PMMF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 44,699 shares, an increase of 32.9% from the December 15th total of 33,644 shares. Based on an average daily volume of 76,536 shares, the short-interest ratio is presently 0.6 days. Approximately 1.0% of the company’s shares are sold short. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 76,536 shares, the short-interest ratio is presently 0.6 days.

iShares Prime Money Market ETF Trading Up 0.0%

NYSEARCA PMMF traded up $0.02 on Friday, hitting $100.39. The company’s stock had a trading volume of 203,249 shares, compared to its average volume of 115,914. iShares Prime Money Market ETF has a 52-week low of $99.81 and a 52-week high of $101.40. The company’s 50-day simple moving average is $100.33 and its 200 day simple moving average is $100.35.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Prime Money Market ETF stock. Hikari Power Ltd acquired a new position in iShares Prime Money Market ETF (NYSEARCA:PMMF) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 103,120 shares of the company’s stock, valued at approximately $10,362,000. iShares Prime Money Market ETF makes up 0.9% of Hikari Power Ltd’s investment portfolio, making the stock its 18th biggest position. Hikari Power Ltd owned about 3.83% of iShares Prime Money Market ETF at the end of the most recent quarter.

iShares Prime Money Market ETF Company Profile

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.