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

iShares Gold Trust Micro (NYSEARCA:IAUM) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 297,725 shares, a decrease of 37.4% from the November 30th total of 475,649 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 2,248,803 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 2,248,803 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Deane Retirement Strategies Inc. lifted its holdings in shares of iShares Gold Trust Micro by 17.9% during the 3rd quarter. Deane Retirement Strategies Inc. now owns 2,442 shares of the company’s stock valued at $94,000 after buying an additional 370 shares during the last quarter. Family Investment Center Inc. lifted its stake in iShares Gold Trust Micro by 2.1% in the third quarter. Family Investment Center Inc. now owns 19,104 shares of the company’s stock valued at $736,000 after acquiring an additional 402 shares during the last quarter. IFP Advisors Inc lifted its stake in iShares Gold Trust Micro by 1.8% in the third quarter. IFP Advisors Inc now owns 24,405 shares of the company’s stock valued at $940,000 after acquiring an additional 434 shares during the last quarter. Rooted Wealth Advisors Inc. grew its position in iShares Gold Trust Micro by 2.4% in the third quarter. Rooted Wealth Advisors Inc. now owns 24,039 shares of the company’s stock worth $931,000 after acquiring an additional 568 shares in the last quarter. Finally, CAP Partners LLC increased its stake in shares of iShares Gold Trust Micro by 9.0% during the 2nd quarter. CAP Partners LLC now owns 7,880 shares of the company’s stock worth $260,000 after purchasing an additional 652 shares during the last quarter.

iShares Gold Trust Micro Stock Up 1.2%

iShares Gold Trust Micro stock traded up $0.52 during trading hours on Friday, hitting $45.18. The company had a trading volume of 2,692,758 shares, compared to its average volume of 2,614,979. iShares Gold Trust Micro has a fifty-two week low of $25.90 and a fifty-two week high of $45.36. The firm’s fifty day moving average is $41.63 and its 200-day moving average is $37.42.

About iShares Gold Trust Micro

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.