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

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 200 shares, a growth of 100.0% from the August 31st total of 100 shares. Based on an average daily trading volume, of 16,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On iShares International Developed Real Estate ETF

A hedge fund recently raised its stake in iShares International Developed Real Estate ETF stock. Family Firm Inc. boosted its holdings in iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 54.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 142,758 shares of the company’s stock after acquiring an additional 50,179 shares during the quarter. Family Firm Inc. owned 2.97% of iShares International Developed Real Estate ETF worth $2,827,000 at the end of the most recent reporting period.

iShares International Developed Real Estate ETF Stock Up 0.9 %

NASDAQ:IFGL traded up $0.20 during mid-day trading on Friday, hitting $23.14. 4,344 shares of the stock traded hands, compared to its average volume of 14,293. The business’s 50-day moving average price is $21.74 and its 200 day moving average price is $21.01. The company has a market cap of $108.76 million, a PE ratio of 11.98 and a beta of 0.83. iShares International Developed Real Estate ETF has a 12-month low of $17.69 and a 12-month high of $23.18.

iShares International Developed Real Estate ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th will be given a dividend of $0.209 per share. The ex-dividend date is 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.