Short Interest in iShares Gold Trust Micro (NYSEARCA:IAUM) Expands By 28.2%

iShares Gold Trust Micro (NYSEARCA:IAUM) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 1,040,600 shares, a growth of 28.2% from the December 31st total of 811,476 shares. Based on an average trading volume of 2,896,065 shares, the short-interest ratio is currently 0.4 days. Currently, 0.7% of the shares of the company are sold short. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 2,896,065 shares, the short-interest ratio is currently 0.4 days.

iShares Gold Trust Micro Stock Down 4.3%

Shares of iShares Gold Trust Micro stock traded down $2.07 on Monday, reaching $46.41. 19,199,329 shares of the company were exchanged, compared to its average volume of 10,980,020. The company’s 50-day moving average is $44.78 and its two-hundred day moving average is $39.87. iShares Gold Trust Micro has a 1-year low of $28.06 and a 1-year high of $55.27.

Hedge Funds Weigh In On iShares Gold Trust Micro

Several institutional investors have recently modified their holdings of IAUM. Sumitomo Mitsui Trust Group Inc. lifted its position in iShares Gold Trust Micro by 95.0% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,134,927 shares of the company’s stock valued at $698,195,000 after purchasing an additional 8,834,927 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp raised its holdings in shares of iShares Gold Trust Micro by 92.3% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 6,660,684 shares of the company’s stock valued at $256,436,000 after buying an additional 3,196,900 shares during the last quarter. AlTi Global Inc. acquired a new position in shares of iShares Gold Trust Micro during the second quarter worth approximately $46,193,000. Blue Trust Inc. grew its holdings in iShares Gold Trust Micro by 2,907.8% in the 2nd quarter. Blue Trust Inc. now owns 1,385,449 shares of the company’s stock worth $45,706,000 after buying an additional 1,339,387 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its holdings in iShares Gold Trust Micro by 292.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 1,190,031 shares of the company’s stock worth $51,409,000 after buying an additional 886,737 shares in the last quarter.

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.