iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Significant Growth in Short Interest

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 786,700 shares, a growth of 51.6% from the October 31st total of 518,900 shares. Based on an average daily volume of 610,200 shares, the short-interest ratio is currently 1.3 days.

iShares Global Infrastructure ETF Stock Up 0.2 %

Shares of NASDAQ IGF traded up $0.10 during trading on Friday, reaching $55.70. 627,438 shares of the stock were exchanged, compared to its average volume of 416,201. The business’s 50-day moving average price is $54.42 and its 200 day moving average price is $51.72. iShares Global Infrastructure ETF has a twelve month low of $43.84 and a twelve month high of $55.79. The company has a market capitalization of $4.48 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80.

Institutional Trading of iShares Global Infrastructure ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC raised its holdings in shares of iShares Global Infrastructure ETF by 4.9% during the third quarter. Verdence Capital Advisors LLC now owns 5,097 shares of the company’s stock worth $277,000 after purchasing an additional 237 shares during the period. Brighton Jones LLC raised its position in shares of iShares Global Infrastructure ETF by 1.7% in the second quarter. Brighton Jones LLC now owns 14,418 shares of the company’s stock valued at $691,000 after purchasing an additional 238 shares during the period. Quent Capital LLC raised its position in shares of iShares Global Infrastructure ETF by 60.7% in the third quarter. Quent Capital LLC now owns 638 shares of the company’s stock valued at $35,000 after purchasing an additional 241 shares during the period. Moors & Cabot Inc. increased its position in iShares Global Infrastructure ETF by 5.5% during the third quarter. Moors & Cabot Inc. now owns 4,818 shares of the company’s stock worth $262,000 after acquiring an additional 250 shares during the period. Finally, Greenleaf Trust boosted its stake in iShares Global Infrastructure ETF by 2.9% during the third quarter. Greenleaf Trust now owns 9,744 shares of the company’s stock worth $530,000 after buying an additional 272 shares in the last quarter.

iShares Global Infrastructure ETF Company Profile

The iShares Global Infrastructure ETF (IGF) is an exchange-traded fund that is based on the S&P Global Infrastructure index, a market-cap-weighted index of global infrastructure companies. IGF was launched on Dec 10, 2007 and is managed by BlackRock.