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

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 21,600 shares, a drop 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 presently 0.7 days.

Institutional Trading of iShares International Developed Real Estate ETF

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

iShares International Developed Real Estate ETF Stock Performance

Shares of iShares International Developed Real Estate ETF stock traded down $0.11 during trading on Friday, hitting $19.66. 10,481 shares of the company’s stock were exchanged, compared to its average volume of 22,164. The business has a 50-day simple moving average of $19.58 and a 200-day simple moving average of $20.74. iShares International Developed Real Estate ETF has a 52-week low of $18.63 and a 52-week high of $23.18. The stock has a market capitalization of $88.47 million, a price-to-earnings ratio of 11.98 and a beta of 0.83.

iShares International Developed Real Estate ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.2122 per share. The ex-dividend date was Tuesday, December 17th. This is a positive change from iShares International Developed Real Estate ETF’s previous dividend of $0.21.

About iShares International Developed Real Estate ETF

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.