iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Up 1,100.0% in October

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,400 shares, an increase of 1,100.0% from the October 15th total of 200 shares. Based on an average daily trading volume, of 11,500 shares, the short-interest ratio is currently 0.2 days.

iShares International Developed Real Estate ETF Trading Down 1.8 %

Shares of NASDAQ IFGL traded down $0.37 during trading hours on Tuesday, hitting $20.30. 3,591 shares of the company traded hands, compared to its average volume of 13,951. iShares International Developed Real Estate ETF has a 12 month low of $18.78 and a 12 month high of $23.18. The stock has a market capitalization of $93.38 million, a price-to-earnings ratio of 11.98 and a beta of 0.83. The company’s 50 day moving average price is $21.99 and its 200 day moving average price is $21.23.

iShares International Developed Real Estate ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $0.209 dividend. The ex-dividend date was Wednesday, September 25th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. Family Firm Inc. lifted its stake in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 54.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 142,758 shares of the company’s stock after acquiring an additional 50,179 shares during the quarter. Family Firm Inc. owned approximately 2.97% of iShares International Developed Real Estate ETF worth $2,827,000 at the end of the most recent reporting period.

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.