iShares Government Money Market ETF (NYSEARCA:GMMF) Short Interest Down 21.8% in December

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

iShares Government Money Market ETF Stock Performance

GMMF stock remained flat at $100.21 during midday trading on Tuesday. The company had a trading volume of 6,663 shares, compared to its average volume of 9,243. The stock’s fifty day moving average is $100.35 and its 200-day moving average is $100.34. iShares Government Money Market ETF has a 52-week low of $99.59 and a 52-week high of $100.58.

Institutional Trading of 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) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,102 shares of the company’s stock, valued at approximately $714,000. iShares Government Money Market ETF comprises approximately 1.4% of Thurston Springer Miller Herd & Titak Inc.’s portfolio, making the stock its 7th biggest holding. Thurston Springer Miller Herd & Titak Inc. owned about 0.92% of iShares Government Money Market ETF at the end of the most recent quarter.

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.