iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Up 57.6% in June

iShares International Developed Real Estate ETF (NASDAQ:IFGL) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 5,200 shares, a growth of 57.6% from the June 15th total of 3,300 shares. Based on an average trading volume of 15,200 shares, the days-to-cover ratio is currently 0.3 days.

iShares International Developed Real Estate ETF Stock Performance

Shares of IFGL stock opened at $21.09 on Monday. iShares International Developed Real Estate ETF has a 1 year low of $17.69 and a 1 year high of $21.88. The stock has a fifty day moving average of $20.58 and a two-hundred day moving average of $20.63. The firm has a market capitalization of $101.23 million, a PE ratio of 11.98 and a beta of 0.83.

iShares International Developed Real Estate ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.3999 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.60 annualized dividend and a dividend yield of 7.59%.

Institutional Trading of iShares International Developed Real Estate ETF

An institutional investor recently bought a new position in iShares International Developed Real Estate ETF stock. Life Planning Partners Inc acquired a new stake in iShares International Developed Real Estate ETF (NASDAQ:IFGL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,797 shares of the company’s stock, valued at approximately $39,000.

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.