Short Interest in iShares Global Infrastructure ETF (NASDAQ:IGF) Grows By 123.3%

Posted by Suzanne Cooper on Feb 15th, 2025

iShares Global Infrastructure ETF (NASDAQ:IGF – Get Free Report) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,900,000 shares, an increase of 123.3% from the January 15th total of 851,000 shares. Based on an average trading volume of 874,600 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Trading of iShares Global Infrastructure ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new stake in shares of iShares Global Infrastructure ETF in the third quarter valued at $26,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares Global Infrastructure ETF in the fourth quarter valued at $33,000. West Oak Capital LLC increased its stake in shares of iShares Global Infrastructure ETF by 2,500.0% in the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock valued at $34,000 after buying an additional 625 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of iShares Global Infrastructure ETF in the third quarter valued at $45,000. Finally, Lee Danner & Bass Inc. acquired a new stake in shares of iShares Global Infrastructure ETF in the fourth quarter valued at $44,000.

iShares Global Infrastructure ETF Stock Performance

Shares of NASDAQ IGF opened at $54.16 on Friday. The stock has a market cap of $5.29 billion, a PE ratio of 22.20 and a beta of 0.80. The business has a fifty day moving average of $53.21 and a two-hundred day moving average of $53.27. iShares Global Infrastructure ETF has a 52-week low of $44.27 and a 52-week high of $55.79.

iShares Global Infrastructure ETF Announces Dividend

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

About iShares Global Infrastructure ETF

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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.