Short Interest in iShares Prime Money Market ETF (NYSEARCA:PMMF) Increases By 142.1%

iShares Prime Money Market ETF (NYSEARCA:PMMF) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 10,994 shares, a growth of 142.1% from the January 29th total of 4,541 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 99,608 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 99,608 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

iShares Prime Money Market ETF Price Performance

PMMF stock opened at $100.51 on Friday. iShares Prime Money Market ETF has a one year low of $99.81 and a one year high of $101.40. The company’s 50 day moving average price is $100.35 and its two-hundred day moving average price is $100.37.

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.