iShares Government Money Market ETF (NYSE:GMMF) Stock Short Interest Report for October

iShares Government Money Market ETF (NYSE:GMMF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 6,609 shares, a drop of 59.5% from the September 30th total of 16,326 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 30,641 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Government Money Market ETF stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Government Money Market ETF (NYSE:GMMF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 331 shares of the company’s stock, valued at approximately $33,000.

iShares Government Money Market ETF Stock Performance

NYSE:GMMF traded up $0.04 on Friday, hitting $100.30. 21,602 shares of the stock were exchanged, compared to its average volume of 23,127. The stock has a fifty day moving average of $100.28 and a 200-day moving average of $100.31. iShares Government Money Market ETF has a fifty-two week low of $100.10 and a fifty-two week high of $100.55.

iShares Government Money Market ETF Dividend Announcement

The business also recently declared a weekly dividend, which was paid on Thursday, September 3rd. Investors of record on Wednesday, September 2nd were issued a $0.0681 dividend. This represents a yield of 353.0%. The ex-dividend date was Wednesday, September 2nd.

iShares Government Money Market ETF Company Profile

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.