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 growth in short interest in January. As of January 15th, there was short interest totalling 94,700 shares, a growth of 2,267.5% from the December 31st total of 4,000 shares. Based on an average daily volume of 25,500 shares, the short-interest ratio is currently 3.7 days.

Institutional Trading of iShares International Developed Real Estate ETF

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. JPMorgan Chase & Co. lifted its holdings in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 960.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,576 shares of the company’s stock after acquiring an additional 5,050 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.12% of iShares International Developed Real Estate ETF worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

iShares International Developed Real Estate ETF Price Performance

IFGL stock traded down $0.03 during mid-day trading on Tuesday, reaching $19.82. 7,959 shares of the company traded hands, compared to its average volume of 22,229. The company has a market capitalization of $89.20 million, a P/E ratio of 11.98 and a beta of 0.83. The company has a fifty day moving average price of $19.66 and a 200-day moving average price of $20.89. iShares International Developed Real Estate ETF has a 52-week low of $18.63 and a 52-week high of $23.18.

iShares International Developed Real Estate ETF Increases Dividend

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

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.