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

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 21,600 shares, a decline of 54.0% from the January 31st total of 47,000 shares. Based on an average daily volume of 29,900 shares, the short-interest ratio is currently 0.7 days.

iShares International Developed Real Estate ETF Trading Down 0.6 %

NASDAQ:IFGL traded down $0.11 during trading hours on Friday, reaching $19.66. The company had a trading volume of 10,481 shares, compared to its average volume of 22,164. iShares International Developed Real Estate ETF has a 52 week low of $18.63 and a 52 week high of $23.18. The firm has a market cap of $88.47 million, a price-to-earnings ratio of 11.98 and a beta of 0.83. The firm’s 50 day moving average price is $19.58 and its 200-day moving average price is $20.74.

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 of this dividend was Tuesday, December 17th. This is an increase from iShares International Developed Real Estate ETF’s previous dividend of $0.21.

Institutional Investors Weigh In On iShares International Developed Real Estate ETF

Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of iShares International Developed Real Estate ETF by 960.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,576 shares of the company’s stock valued at $127,000 after acquiring an additional 5,050 shares during the period. Heartland Bank & Trust Co bought a new stake in shares of iShares International Developed Real Estate ETF during the 4th quarter valued at $3,282,000. SBI Securities Co. Ltd. bought a new stake in shares of iShares International Developed Real Estate ETF during the 4th quarter valued at $248,000. Family Firm Inc. grew its position in shares of iShares International Developed Real Estate ETF by 2.2% during the 4th quarter. Family Firm Inc. now owns 148,414 shares of the company’s stock valued at $2,864,000 after acquiring an additional 3,237 shares during the period. Finally, Ariadne Wealth Management LP grew its position in shares of iShares International Developed Real Estate ETF by 12.9% during the 4th quarter. Ariadne Wealth Management LP now owns 14,720 shares of the company’s stock valued at $293,000 after acquiring an additional 1,680 shares during the period.

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.