Short Interest in iShares International Developed Real Estate ETF (NASDAQ:IFGL) Declines By 73.1%

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 1,400 shares, a decrease of 73.1% from the June 30th total of 5,200 shares. Based on an average daily volume of 14,500 shares, the short-interest ratio is currently 0.1 days.

iShares International Developed Real Estate ETF Trading Down 0.5 %

Shares of NASDAQ:IFGL traded down $0.10 during trading on Thursday, reaching $20.40. The company’s stock had a trading volume of 24,774 shares, compared to its average volume of 15,120. iShares International Developed Real Estate ETF has a 12 month low of $17.69 and a 12 month high of $21.88. The firm’s 50 day simple moving average is $20.51 and its two-hundred day simple moving average is $20.60. The stock has a market capitalization of $97.92 million, a PE ratio of 11.98 and a beta of 0.83.

iShares International Developed Real Estate ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a $0.3999 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date was Tuesday, June 11th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. Family Firm Inc. raised its position in iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 54.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,758 shares of the company’s stock after purchasing an additional 50,179 shares during the quarter. Family Firm Inc. owned 2.97% of iShares International Developed Real Estate ETF worth $2,827,000 as of its most recent SEC filing.

iShares International Developed Real Estate ETF Company Profile

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.