iShares Gold Trust Micro (NYSEARCA:IAUM) Short Interest Up 172.6% in December

iShares Gold Trust Micro (NYSEARCA:IAUMGet Free Report) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 811,476 shares, a growth of 172.6% from the December 15th total of 297,725 shares. Based on an average trading volume of 2,629,338 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 2,629,338 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares Gold Trust Micro

A number of large investors have recently bought and sold shares of IAUM. US Bancorp DE bought a new position in iShares Gold Trust Micro in the third quarter valued at $28,000. Rossby Financial LCC grew its holdings in shares of iShares Gold Trust Micro by 1,558.6% in the 2nd quarter. Rossby Financial LCC now owns 1,161 shares of the company’s stock valued at $38,000 after acquiring an additional 1,091 shares in the last quarter. Imprint Wealth LLC acquired a new stake in shares of iShares Gold Trust Micro in the third quarter valued at about $44,000. Tradewinds Capital Management LLC raised its holdings in iShares Gold Trust Micro by 58.0% during the fourth quarter. Tradewinds Capital Management LLC now owns 1,100 shares of the company’s stock worth $47,000 after acquiring an additional 404 shares in the last quarter. Finally, Abound Wealth Management acquired a new position in iShares Gold Trust Micro during the fourth quarter valued at approximately $55,000.

iShares Gold Trust Micro Stock Down 0.2%

Shares of NYSEARCA IAUM opened at $45.72 on Wednesday. The company has a fifty day moving average price of $42.53 and a 200 day moving average price of $38.35. iShares Gold Trust Micro has a 1-year low of $26.53 and a 1-year high of $46.20.

iShares Gold Trust Micro Company Profile

(Get Free Report)

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.

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