iShares Gold Trust Micro (NYSEARCA:IAUM) Short Interest Update

iShares Gold Trust Micro (NYSEARCA:IAUM) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,130,848 shares, a growth of 140.4% from the June 30th total of 470,397 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 2,034,484 shares, the short-interest ratio is currently 0.6 days.

iShares Gold Trust Micro Price Performance

NYSEARCA:IAUM traded up $0.19 during midday trading on Wednesday, hitting $40.32. 3,204,709 shares of the company were exchanged, compared to its average volume of 4,894,110. iShares Gold Trust Micro has a fifty-two week low of $32.58 and a fifty-two week high of $55.27. The company has a fifty day simple moving average of $41.96 and a 200 day simple moving average of $45.95.

Institutional Trading of iShares Gold Trust Micro

Large investors have recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. grew its position in iShares Gold Trust Micro by 22.3% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 26,834,927 shares of the company’s stock worth $1,253,191,000 after buying an additional 4,900,000 shares during the period. Alaska Permanent Fund Corp boosted its stake in shares of iShares Gold Trust Micro by 25.4% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,709,000 shares of the company’s stock worth $170,540,000 after acquiring an additional 751,000 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Gold Trust Micro by 17.1% in the 1st quarter. Bank of America Corp DE now owns 3,424,139 shares of the company’s stock worth $159,907,000 after acquiring an additional 499,962 shares during the period. School Employees Retirement Board of Ohio increased its stake in iShares Gold Trust Micro by 11.8% in the 1st quarter. School Employees Retirement Board of Ohio now owns 2,875,749 shares of the company’s stock valued at $134,297,000 after purchasing an additional 302,425 shares in the last quarter. Finally, Vident Advisory LLC raised its holdings in iShares Gold Trust Micro by 116.9% during the fourth quarter. Vident Advisory LLC now owns 1,711,783 shares of the company’s stock worth $73,590,000 after purchasing an additional 922,584 shares during the last quarter.

iShares Gold Trust Micro Company Profile

The iShares Gold Trust Micro (IAUM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults. IAUM was launched on Jun 15, 2021 and is managed by BlackRock.