iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Update

iShares International Developed Real Estate ETF (NASDAQ:IFGL) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 94,700 shares, a growth of 2,267.5% from the December 15th total of 4,000 shares. Based on an average daily trading volume, of 25,500 shares, the short-interest ratio is presently 3.7 days.

iShares International Developed Real Estate ETF Stock Performance

NASDAQ:IFGL traded up $0.35 during trading hours on Wednesday, reaching $19.22. The company’s stock had a trading volume of 8,119 shares, compared to its average volume of 20,547. The company has a market capitalization of $86.49 million, a P/E ratio of 11.98 and a beta of 0.83. iShares International Developed Real Estate ETF has a 12 month low of $18.63 and a 12 month high of $23.18. The stock has a 50 day moving average price of $19.82 and a two-hundred day moving average price of $20.93.

iShares International Developed Real Estate ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.2122 per share. The ex-dividend date was Tuesday, December 17th. This is a positive change from iShares International Developed Real Estate ETF’s previous dividend of $0.21.

Institutional Investors Weigh In On iShares International Developed Real Estate ETF

A hedge fund recently raised its stake in iShares International Developed Real Estate ETF stock. JPMorgan Chase & Co. increased its stake in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 960.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,576 shares of the company’s stock after purchasing an additional 5,050 shares during the period. JPMorgan Chase & Co. owned 0.12% of iShares International Developed Real Estate ETF worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

About iShares International Developed Real Estate ETF

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.