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

iShares Prime Money Market ETF (NYSEARCA:PMMF) saw a significant 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. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 76,536 shares, the short-interest ratio is presently 0.6 days. 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 short sold.

iShares Prime Money Market ETF Trading Up 0.0%

Shares of NYSEARCA PMMF traded up $0.02 during midday trading on Monday, hitting $100.39. The company’s stock had a trading volume of 203,249 shares, compared to its average volume of 115,914. The business’s fifty day simple moving average is $100.33 and its two-hundred day simple moving average is $100.35. iShares Prime Money Market ETF has a 1 year low of $99.81 and a 1 year high of $101.40.

Institutional Trading of iShares Prime Money Market ETF

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 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund 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 investment portfolio, making the stock its 18th biggest position. Hikari Power Ltd owned 3.83% of iShares Prime Money Market ETF at the end of the most recent quarter.

About iShares Prime Money Market ETF

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.