iShares Prime Money Market ETF (NYSEARCA:PMMF) Sees Large Growth in Short Interest

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Prime Money Market ETF stock. Hikari Power Ltd bought a new position in shares of iShares Prime Money Market ETF (NYSEARCA:PMMF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 103,120 shares of the company’s stock, valued at approximately $10,362,000. iShares Prime Money Market ETF makes up about 0.9% of Hikari Power Ltd’s holdings, making the stock its 18th biggest position. Hikari Power Ltd owned about 3.83% of iShares Prime Money Market ETF as of its most recent SEC filing.

iShares Prime Money Market ETF Stock Up 0.0%

iShares Prime Money Market ETF stock traded up $0.02 during trading hours on Friday, hitting $100.39. The company had a trading volume of 203,249 shares, compared to its average volume of 115,914. iShares Prime Money Market ETF has a one year low of $99.81 and a one year high of $101.40. The firm has a 50-day moving average of $100.33 and a 200 day moving average of $100.35.

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.