Short Interest in iShares International Developed Real Estate ETF (NASDAQ:IFGL) Rises By 2,267.5%

iShares International Developed Real Estate ETF (NASDAQ:IFGL) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 94,700 shares, a growth of 2,267.5% from the December 31st 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.

Hedge Funds 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. lifted its position in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 960.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,576 shares of the company’s stock after buying an additional 5,050 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.12% of iShares International Developed Real Estate ETF worth $127,000 at the end of the most recent quarter.

iShares International Developed Real Estate ETF Trading Down 0.1 %

NASDAQ:IFGL traded down $0.03 during mid-day trading on Tuesday, reaching $19.82. The company’s stock had a trading volume of 7,959 shares, compared to its average volume of 22,229. The firm’s fifty day moving average price is $19.66 and its two-hundred day moving average price is $20.89. 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 market cap of $89.20 million, a P/E ratio of 11.98 and a beta of 0.83.

iShares International Developed Real Estate ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.2122 dividend. The ex-dividend date was Tuesday, December 17th. This is an increase from iShares International Developed Real Estate ETF’s previous dividend of $0.21.

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.