iShares Government Money Market ETF (NYSE:GMMF) Stock Short Interest Rises 67.2%

iShares Government Money Market ETF (NYSE:GMMF) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 16,326 shares, an increase of 67.2% from the September 15th total of 9,767 shares. Based on an average daily volume of 17,979 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

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

iShares Government Money Market ETF Trading Up 0.0%

Shares of iShares Government Money Market ETF stock opened at $100.25 on Friday. The business has a 50-day moving average price of $100.29 and a two-hundred day moving average price of $100.29. iShares Government Money Market ETF has a 1-year low of $100.10 and a 1-year high of $100.55.

iShares Government Money Market ETF Dividend Announcement

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

About iShares Government Money Market ETF

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.