iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 79.9% in February

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 1,170,000 shares, a decline of 79.9% from the February 13th total of 5,810,000 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 847,100 shares, the short-interest ratio is presently 1.4 days.

iShares Global Infrastructure ETF Stock Performance

IGF stock traded up $0.24 on Wednesday, hitting $53.03. 492,215 shares of the company’s stock were exchanged, compared to its average volume of 793,481. iShares Global Infrastructure ETF has a 12-month low of $45.19 and a 12-month high of $55.79. The firm has a 50 day moving average price of $53.46 and a two-hundred day moving average price of $53.65. The stock has a market cap of $5.18 billion, a P/E ratio of 18.69 and a beta of 0.80.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.849 per share. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

A number of hedge funds have recently bought and sold shares of IGF. Signature Estate & Investment Advisors LLC lifted its position in shares of iShares Global Infrastructure ETF by 1.6% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 12,142 shares of the company’s stock valued at $635,000 after acquiring an additional 194 shares in the last quarter. Verdence Capital Advisors LLC increased its holdings in shares of iShares Global Infrastructure ETF by 4.9% in the third quarter. Verdence Capital Advisors LLC now owns 5,097 shares of the company’s stock valued at $277,000 after purchasing an additional 237 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of iShares Global Infrastructure ETF by 5.5% in the third quarter. Moors & Cabot Inc. now owns 4,818 shares of the company’s stock valued at $262,000 after purchasing an additional 250 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of iShares Global Infrastructure ETF by 30.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock valued at $57,000 after purchasing an additional 253 shares during the last quarter. Finally, OneDigital Investment Advisors LLC increased its holdings in shares of iShares Global Infrastructure ETF by 2.4% in the fourth quarter. OneDigital Investment Advisors LLC now owns 11,018 shares of the company’s stock valued at $576,000 after purchasing an additional 261 shares during 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.