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

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

Institutional Trading of iShares International Developed Real Estate ETF

A hedge fund recently raised its stake in iShares International Developed Real Estate ETF stock. Family Firm Inc. lifted its position 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 filing with the SEC. The institutional investor owned 142,758 shares of the company’s stock after buying 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 quarter.

iShares International Developed Real Estate ETF Stock Performance

Shares of IFGL traded down $0.37 during mid-day trading on Tuesday, reaching $20.30. The company had a trading volume of 3,591 shares, compared to its average volume of 13,951. The firm has a 50-day moving average price of $21.99 and a 200 day moving average price of $21.23. iShares International Developed Real Estate ETF has a 52 week low of $18.78 and a 52 week high of $23.18. The company has a market capitalization of $93.38 million, a price-to-earnings ratio of 11.98 and a beta of 0.83.

iShares International Developed Real Estate ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.209 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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.