iShares Government Money Market ETF (NYSEARCA:GMMF) Short Interest Down 79.1% in February

iShares Government Money Market ETF (NYSEARCA:GMMF) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,102 shares, a decrease of 79.1% from the January 29th total of 5,280 shares. Based on an average daily trading volume, of 12,082 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,082 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares Government Money Market ETF

An institutional investor recently bought a new position in iShares Government Money Market ETF stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Government Money Market ETF (NYSEARCA:GMMF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,102 shares of the company’s stock, valued at approximately $714,000. iShares Government Money Market ETF accounts for about 1.4% of Thurston Springer Miller Herd & Titak Inc.’s holdings, making the stock its 7th largest holding. Thurston Springer Miller Herd & Titak Inc. owned 0.92% of iShares Government Money Market ETF as of its most recent SEC filing.

iShares Government Money Market ETF Stock Performance

Shares of NYSEARCA GMMF traded up $0.02 during trading on Friday, reaching $100.48. The company had a trading volume of 4,827 shares, compared to its average volume of 13,888. iShares Government Money Market ETF has a twelve month low of $100.06 and a twelve month high of $100.55. The stock has a 50-day moving average price of $100.33 and a two-hundred day moving average price of $100.35.

About iShares Government Money Market ETF

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.