iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Up 205.8% in February

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 5,810,000 shares, a growth of 205.8% from the January 31st total of 1,900,000 shares. Based on an average trading volume of 905,000 shares, the days-to-cover ratio is presently 6.4 days.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sunbeam Capital Management LLC acquired a new position in iShares Global Infrastructure ETF in the 4th quarter valued at $490,000. Nepc LLC boosted its holdings in iShares Global Infrastructure ETF by 18.0% during the fourth quarter. Nepc LLC now owns 691,199 shares of the company’s stock valued at $36,129,000 after acquiring an additional 105,313 shares during the period. Pathstone Holdings LLC grew its position in shares of iShares Global Infrastructure ETF by 132.0% in the fourth quarter. Pathstone Holdings LLC now owns 407,595 shares of the company’s stock valued at $21,305,000 after purchasing an additional 231,872 shares during the last quarter. Meketa Capital LLC bought a new position in shares of iShares Global Infrastructure ETF in the fourth quarter worth about $285,000. Finally, Laird Norton Wetherby Trust Company LLC acquired a new position in shares of iShares Global Infrastructure ETF during the 4th quarter worth about $647,000.

iShares Global Infrastructure ETF Price Performance

iShares Global Infrastructure ETF stock opened at $52.85 on Friday. iShares Global Infrastructure ETF has a one year low of $45.19 and a one year high of $55.79. The company’s fifty day moving average price is $53.36 and its two-hundred day moving average price is $53.52. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 22.20 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. Shareholders of record on Tuesday, December 17th were given a dividend of $0.849 per share. The ex-dividend date was Tuesday, December 17th.

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.