iShares Prime Money Market ETF (NYSEARCA:PMMF) Short Interest Update

iShares Prime Money Market ETF (NYSEARCA:PMMF) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 4,541 shares, a drop of 94.1% from the January 15th total of 76,348 shares. Based on an average daily trading volume, of 116,713 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 116,713 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On iShares Prime Money Market ETF

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

iShares Prime Money Market ETF Stock Up 0.0%

Shares of PMMF stock traded up $0.02 during trading hours on Tuesday, hitting $100.35. The company’s stock had a trading volume of 77,985 shares, compared to its average volume of 111,344. The company has a 50 day moving average of $100.33 and a 200 day moving average of $100.36. iShares Prime Money Market ETF has a 12-month low of $99.81 and a 12-month high of $101.40.

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.